Solve the Problem $\$ 3500$ Is Due When the Spring Term Begins, in 2 Months

Multiple Choice

Solve the problem.
-Tuition of $\$ 3500$ is due when the spring term begins, in 2 months. What amount should a student deposit today, at $8 \%$ , to have enough to pay tuition?

A) $\$ 3240.74$
B) $\$ 3453.95$
C) $\$ 3476.82$
D) $\$ 46.05$