In 2000, the GDP Per Capita in Ohio Is $35,000

In 2000, the GDP per capita in Ohio is $35,000. Ohioʹs GDP per capita is predicted to increase 3 percent per year for the next 5 years.
-Refer to the scenario above. If the prediction in the scenario is correct, what will Ohio's GDP per capita be in 2005 (to the nearest thousand) ?

A) $39,000
B) $40,000
C) $41,000
D) $42,000