Prof Blomkins knows that he has between six and nine months left to live. he wants to leave each of his grandchildren $1,000 when he dies. For this purpose, he has established a trust fund and has deposited sufficient monies to provide for his twelve grandchildren. Today, he just discovered that his daughter is going to have twins, increasing the number of his grandchildren to thirteen. To ensure his final wish is fully funded, Prof Blomkins needs to:

Select one:

a. Deposit at least $1,050 into his trust account.

b. Withdraw $1,000 from his trust account.

c. See if the rate of interest on his account can be lowered.

d. Deposit a little less than $1,000 into his trust account.

e. Withdraw less than $1,000 from his trust account.