Your investment advisor recommends you the following investment. The investment will pay you every year over the next 18 years. the first payment is $1730 at the end of this year. the payments will grow by 14% every year thereafter. if the appropriate discount rate is 8%, how much would you be willing to pay for this investment today? (Note: show calculations how you found the answer).

A) $47471.94

B) $16213.36

C) $11188.64

D) The growth rate is greater than the discount rate. therefore, this cannot be solved.

E) $ -28833.33