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An advertised investment product promises to pay $536 per month for 62 months commencing in 1 month from today. If the investment earns 12.2% p.a

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An advertised investment product promises to pay $536 per month for 62 months commencing in 1 month from today. If the investment earns 12.2% p.a compounding monthly, how much will the investment product cost today?(round to nearest cent; don't use $ sign or commas) O a. $24562.25 b. $24811.97 O c. $1969.58 O.d. $2209.87

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