An investment offers $$5,050$ per year for $20$ years, with the first payment occurring one year from now. If the required return in $3$ percent, what is the value of the investment?

Select one:

A$.$ $$57,110\mathrm{.}35$

B$.$ $$70,880\mathrm{.}63$

C$.$ $$59,990\mathrm{.}75$

D$.$ $$70,600\mathrm{.}15$

E$.$ $$75,131\mathrm{.}25$