Dressler Engine Tuning Just Decided to Save Money Each Year

Dressler Engine Tuning just decided to save money each year for the next 4 years to help fund a new building. If it earns 5.5 percent on its savings, how much will the firm have saved at the end of year 4?

A) $107,525.40
B) $108,392.69
C) $110,414.14
D) $111,737.43
E) $117,882.99