You are planning for retirement 31 years from now. You plan to invest $3,700 per year for the first 8 years, $7,400 per year for the next 11 years, and $14,500 per year for the following 12 years (assume all cash flows occur at the end of each year). If you believe you will earn an effective annual rate of return of 13.5%, what will your retirement investment be worth 31 years from now?

Group of answer choices

$909,685.36

$39,982.50

$1,785,441.97

$45,380.13

$2,026,476.63