Given below are the future value factors for 1 at 11% for one to five periods. Interest is compounded annually at 11%.

	Periods	Future Value of 1 at 11%
	1	1.110
	2	1.232
	3	1.368
	4	1.518
	5	1.685

What amount will be in a bank account three years from now if $10800 is invested each year for four years with the first investment to be made today?

a) ($10800 1.110) + ($10800 1.232) + ($10800 1.368) + ($10800 1.518)

b) $10800 1.518 4

c) ($10800 1.368) + ($10800 1.232) + ($10800 1.110) + $10800

d) $10800 1.110 4