Emily decided to invest $3,000 annually starting from the end of this year for the next 17 years, and then let the investment grow for the following 18 years.

If the annual interest rate of her investment is 8%, what is the value of her investment after 35 years?

(Note: When you calculate the future values, round them to two decimal places.)

Group of answer choices

$404,599.69

$37,500.00

$516,950.41

$101,250.68