Your Employer Gives You a Stock Bonus of $1,000 in Your

Your employer gives you a stock bonus of $1,000 in your company at the beginning of each year.You plan to retire in 20 years.The stock has a growth rate of 15 percent per annum.What will the value of your stock be in 20 years? This problem would be solved by using the formula for the:

A) present value of an ordinary annuity.
B) future value of an annuity due.
C) present value of a lump sum.
D) future value of an ordinary annuity.
E) future value of a lump sum.