In this task, you need to answer the given multiple-choice question on the general math. Classify your answers into 'a', 'b', 'c', 'd', and 'e'.

Problem: the apartment on king - williams street is an asset that its value is tramping about . from the year 1973 to 1983 it ' s value decreased by 16 % and from 1983 to 1993 it ' s value increased by 16 % . what is the value of the asset in 1993 if in 1973 it was worth $ 55000 ? 
Options: a ) $ 38,796 . , b ) $ 40,000 . , c ) $ 38,976 . , d ) $ 39,679 . , e ) $ 53,592 .

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
e