Patricia is investing $2500 today and will do so at the beginning of another six years for a total of seven payments. Her investment can earn 12 per cent per year. Patricia has now decided to keep saving until the end of Year 10. She wishes to have $50 000 in her account for a house deposit. How much will Patricia have at the end of ten years assuming she can earn interest twice yearly, on the quoted 12% per year, and her payments are $1250 each half year? (Round to the nearest dollar.)

		$48 851
		$48 517
		$48 203
		$48 741