1. Glenda has an investment worth $231,723.20. The investment will make a special payment of X to Glenda in 1 month from today and the investment also will make regular, fixed monthly payments of $1,680.00 to Glenda forever. The expected return for the investment is 1.16 percent per month and the first regular, fixed monthly payment of $1,680.00 will be made to Glenda in one month from today. What is X, the amount of the special payment that will be made to Glenda in 1 month?

   		An amount less than $86,950.00 or an anmount greater than $236,700.00
   		An amount equal to or greater than $86,950.00 but less than $117,300.00
   		An amount equal to or greater than $117,300.00 but less than $188,350.00
   		An amount equal to or greater than $188,350.00 but less than $232,300.00
   		An amount equal to or greater than $232,300.00 but less than $236,700.00