David mccarthy is a professional baseball player who expects to play in the major leagues for 10 years. To save for the future, he will deposit 50,000 at the beginning of each year into an account that pays 11% interest compounded annually. How much will he have in this account at the end of 10 years?
A) 982,055.71
B) 1,025,940.68
C) 1,075,322.85
D) 1,127,855.09
