Annual payments of 500 are made at the beginning of each year for 30 years to an annuity earning an annual effective rate of 7%. The interest is immediately reinvested into another fund earning 4.5% annual effective interest. At the end of the 30 years, what is the accumulated value of the 30 payments and the reinvested interest? 41,250 31,500 42,575 15,000 26,250