If $1000 Is Invested at the End of Each Year $t = \log 1.08^{177}$

Multiple Choice

If $1000 is invested at the end of each year in an annuity that pays 8%, compounded annually, the number of years it takes for the future value to amount to $22,000 is given by $t = \log 1.08^{177}$ Use the change of base
Formula to find the number of years until the future value is $22,000, to the nearest tenth of a year.

A) 67.3 years
B) 72.3 years
C) 65.0 years
D) 74.4 years