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Use the following 8 % interest factors table [ [ , table [ [ Present Value of ] , [ Ordinary Annuity ]

Use the following 8% interest factors
\table[[,\table[[Present Value of],[Ordinary Annuity]],\table[[Future Value of],[Ordinary Annuity]]],[7 periods,5.2064,8.92280],[8 periods,5.7466,10.63663],[9 periods,6.2469,12.48756]]
What will be the balance on September 1,2029 in a fund which is accumulated by making $30,000 annual deposits each September 1 beginning in 2022, with the last deposit being made on September 1,2027? The fund pays interest at 8% compounded annually.
Select one:
a. $319,099
b. $267,687
c. $226,800
d. $172,398
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