Q28. You are going to pay $100 into an account at the end of each of the next 40 years. At the beginning of the 41st year, you buy a 30-year annuity whose first payment comes at the end of the 41st year (both accounts pay 12%). How much money will be in the account at the end of year 40 (round to the nearest $1.00? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b C d $85,914 $76,709 $44,800 $93,000

Q28. You are going to pay $100 into an account at the end of each of the next 40 years. At the beginning of the 41st year, you buy a 30-year annuity whose first payment comes at the end of the 41st year (both accounts pay 12%). How much money will be in the account at the end of year 40 (round to the nearest $1.00 ? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $85,914 b $76,709 c $44,800 d $93,000