Andre's wonderful parents established a college savings plan for him when he was born. They deposited $50 into the account on the last day of each month. The account has earned 10.9% compounded monthly, tax-free. How much can they withdraw on his 18th birthday to spend on his education?

A. $43,730 B. $30,028 C. $33,307 D. $27,560

Andre's wonderful parents established a college savings plan for him when he was born. They deposited $50 into the account on the last day of each month. The account has earned 10.9% compounded monthly, tax - free. How much can they withdraw on his 18th birthday to spend on his education? A. $43,730 B. $30,028 C. $33,307 D. $27,560