Question 4 (1 point) Rebecca makes payments into an account at the beginning of every year for 20 years starting with the first payment at time 0. Her first payment is $100 and every payment after the first increases by 8% of the previous payment. The annual effective interest rate is 3%. Calculate the accumulated value at time 25. a) 5500 b) 6400 c) 5900 d) 6800 e) 7300