What are annual rents for each of five years if there's a 3% increase each year, starting at $38,885 in the first year?
a) Year 1: $38,885, Year 2: $40,071.55, Year 3: $41,269.70, Year 4: $42,480.79, Year 5: $43,705.25
b) Year 1: $38,885, Year 2: $40,071.55, Year 3: $41,269.70, Year 4: $42,480.79, Year 5: $43,705.25
c) Year 1: $38,885, Year 2: $39,910.55, Year 3: $40,938.86, Year 4: $41,970.01, Year 5: $43,004.08
d) Year 1: $38,885, Year 2: $40,071.55, Year 3: $41,269.70, Year 4: $42,480.79, Year 5: $43,705.25
