Joey tells Monica that he heard about this great C/D that pays a nominal rate of 18% compounded monthly. He thinks this is a great deal, even though it is from a Brazilian bank and is so it is based in reais. Ignoring FX, if he invests $5,000 at the beginning of each month, how many months will it take to for his account to grow to $170,000? Round fractional months up. Write the Formula to solve.

A). 31

B). 28

C). 34

D). 23

E). 22