Question 2 Not yet James plans to fund his individual retirement account, beginning today, with 16 annual deposits of $1,000, which he will continue for the next 16 years. If he can earn an annual compound rate of 10 percent on his deposits, the amount in the account upon retirement be: answered Marked out of 2.00 Flag question Select one: O a $39,544.70 O b. $36,279.71 O c. $40,446.26 O d. $38,992.73