Chris decided to save $314 per month in equity securities, which you anticipate earning an interest rate of 10.2 percent APR with monthly compounding. You also decide to save $268 per month in debt securities, which you anticipate earning an interest rate of 7.37 percent APR with monthly compounding. You plan to save for 40 years until you reach retirement at that time. When you retire, you plan to combine your savings into an account which will earn 7.27 percent APR with monthly compounding. What monthly payment can you afford to pay yourself during retirement if you plan to retire for 41 years? (Assume all cash flow streams are regular/ordinary annuities.)

Group of answer choices

$27,695.46

None of these options are correct

$55,390.93

$18,463.64

$22,156.37