You have the following rates of return for a risky portfolio for several recent years:

r₂₀₁₆ = 35.23%

r₂₀₁₇ = 18.67%

r₂₀₁₈ = 9.87%

r₂₀₁₉ = 23.45%

If you invested $1,000 at the beginning of 2013, your investment at the end of 2016 would be worth __________.

Multiple Choice

$2,176.60

$1,645.53

$1,785.56

$1,247.87