Travis Invests $10,000 Today into a Retirement Account

Multiple Choice

Travis invests $10,000 today into a retirement account.He expects to earn 8 percent,compounded annually,on his money for the next 26 years.After that,he wants to be more conservative,so only expects to earn 5 percent,compounded annually.How much money will he have in his account when he retires 38 years from now,assuming this is the only deposit he makes into the account?

A) $129,411.20
B) $132,827.88
C) $134,616.56
D) $141,919.67
E) $142,003.12