The value of painting appreciates each year by 20% of its value at the beginning of year 2014. If painting costs $220,000 in Jan 2014 then the value of painting at the end of 2015 is

The value of painting appreciates each year by 20% of its value at th

1.	The value of painting appreciates each year by 20% of its value at the beginning of year 2014. If painting costs $220,000 in Jan 2014 then the value of painting at the end of 2015 is
A.	$318,600
B.	$315,600
C.	$325,600
D.	$316,800
Answer» E.