You begin receiving your social security benefits today. The amount was $2,365 and you will receive it at the beginning of every month. You know that you can invest your money and earn 8.5%, compounded the appropriate amount of times per year. If social security will continue for another 40 years from today, what is the benefit worth to you in todays dollars?

• 469,365

• 263,659

• 578,321

• 196,358

• 324,890