You pay a premium of $75,000 for an equity-indexed annuity with an index period of 5 years. The annuity offers a minimum guarantee of 3 percent compounded on 90 percent of the initial deposit. If you keep the annuity in force for the full 5-year term, you are guaranteed to have in your account at that time:

a)

$67,500

b)

$85,125

c)

$77,625

d)

$78,251

e)

$86,250