Find the Periodic Payment R Required to Accumulate a Sum

Multiple Choice

Find the periodic payment R required to accumulate a sum of S dollars over t years with interest earned at the rate of r %/year compounded m times a year. Please round the answer to the nearest cent. ​
S = 310,000, r = 5.5, t = 11, m = 12
​

A) R = $1,519.07
B) R = $1,676.02
C) R = $1,714.64
D) R = $1,714.49
E) R = $1,717.17