Ajax Plc Just Decided to Save £1,500 a Month for the Next

Ajax plc just decided to save £1,500 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 £1,500 today.If the company had wanted to deposit an equivalent lump sum today,how much would it have had to deposit?

A) £82,964.59
B) £83,189.29
C) £83,428.87
D) £83,687.23
E) £84,998.01