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? *This question has a weight of two correctness points.

a

$85,914

b

$76,709

c

$44,800

d

$93,000