The graph shows the effect of inflation. A graph titled The Effect of Inflation on Investments has a length of the investment in years on the x-axis and the value in dollars on the y-axis. The initial investment is 10,000 dollars. With a 3 percent annual inflation, the amount at 5 years is 9,000 dollars, at 10 years is 7,500 dollars, at 15 years is 6,000 dollars, and 20 years is 5,800 dollars. With 1 percent annual inflation, the amount at 5 years is 9,500 dollars, at 10 years is 9,000 dollars, at 15 years is 8,200 dollars, and 20 years is 8,000 dollars. Approximately how much of the initial investment’s value would be lost after 15 years at 3% inflation?

A) 15%

B) 20%

C) 40%

D) 50%

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