An elderly couple invested $22,000 into an account earning 6.85% compounded monthly 40 years ago. Now they are reinvesting that money into an annuity that earns .255% per month and receiving monthly payments for the next 15 years. How much will the annuity pay out each month?

Group of answer choices

$2,344.41/mo.

$152.56/mo.

$1482.34/mo.

$7350.92/mo.