The Ajax Company Just Decided to Save $2,500 a Month

The Ajax Company just decided to save $2,500 a month for the next five years as a safety net for recessionary periods.The money will be set aside in a separate savings account which pays 3.25% interest compounded monthly.It deposits the first $2,500 today.If the company had wanted to deposit an equivalent lump sum today,how much would it have had to deposit?

A) $134,964.59
B) $135,189.29
C) $137,428.87
D) $138,648.81
E) $139,998.01