You are considering investing in a bank account that pays a nominal annual rate of 7%, compounded monthly. If you invest $3,000 at the end of each month, how many months will it take for your account to grow to $210,000? Note that if the final answer is not a whole number, be sure to round it up to the nearest whole number.

Select the correct answer.

a. 59

b. 62

c. 53

d. 65

e. 68