单选题 An analyst does research about retirement plan. An individual retiring today requires an annual income of $12 million. Inflation is expected to be 3.5% per year for the first ten year, followed by 4.5% per year thereafter. The annual income requirement in 25 years from today for this individual is closest to:
A. $31.22 million.
B. $32.76 million.
C. $36.07 million.

【正确答案】 B
【答案解析】[解析] $12million×(1+3.5%)10×(1+4.5%)15=$32.76million。