Seven Years Ago,you Purchased 216

Seven years ago,you purchased 216.34 shares of a mutual fund.Since then,you have reinvested your fund dividends and acquired an additional 31.02 shares.The fund currently has an NAV of $38.06.The fund charges a contingent deferred sales charge of 5 percent for the first 2 years after which time the charge declines by 1 percent a year.How much money will you receive if you redeem all of your shares today?

A) $9,320.38
B) $9,414.52
C) $9,508.67
D) $9,603.75
E) $9,699.79