A retirement plan guarantees to pay to you or your estate a fixed amount for 20 years. At the time of retirement, you will have $250,000 to your credit in the plan. The plan anticipates earning 9% interest compounded monthly. How much will your monthly benefits be, paid at the end of each month?

A) $2,249.31 B) $1,024.59 C) $1,555.69 D) $1,894.24