Sam invests the amount of $22,750 in the bank today and, in addition, starting a year from today, she will invest an annual annuity of $21,950 for 17 consecutive years. Which of the following comes closest to the value of these investments at the end of year 17 if the interest rate is 11.1%?
a. $712,554
b. $911,229
c. $614,569
d. $1,245,666
e. $1,122,159