Seth and Nicole determine that they will need the equivalent of $5,200 monthly income (in todays dollars) to retire comfortably. If they will retire in 30 years and inflation runs at 3.5%, what is the actual monthly income they will need upon retirement to meet this goal?

a)$5,382.00

b)$5,674.78

c)$10,660.00

d)$14,595.33