To Fund Jamie's Lottery Winnings of $19,000 Per Month for the Next

Multiple Choice

To fund Jamie's lottery winnings of $19,000 per month for the next 8 years, the lottery commission needs to make a single deposit now.Assuming 9.5% compounded monthly, what should the deposit be?
Round to the nearest cent.

A) $1,210,524.87
B) $1,274,257.41
C) $1,274,255.21
D) $1,274,236.71
E) $1,274,212.81