Sally Will Not Be Making Any Investments for Five Years

Multiple Choice

Sally will not be making any investments for five years as she is paying off student loans.In five years,she will make regular monthly investments,at the beginning of every month,in the amount of $350.She will make these investments for 25 years.What is the present value of her investment account assuming she can earn an annual return of 8.5%?

A) $229,725
B) $345,428
C) $519,405
D) $313,250