You are the recipient of a growing endowment that will last forever. The first payment youll receive will start one year from today (year 1) and will be of $800. Each year after that, you will receive a payment on the anniversary of the last payment that is 3% larger than the previous payment. This pattern of payments will go on forever. What is the value of this perpetuity 6 from now (year 6) given that the interest rate is 6%?

Group of answer choices

$31,841.4

$32,796.6

$13,333.3

$37,827.2