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You are planning your dream vacation to Europe for which you need to save $32,000. The market interest rate is currently 10.70 percent. You are

You are planning your dream vacation to Europe for which you need to save $32,000. The market interest rate is currently 10.70 percent. You are planning to save $380 per month until you reach your goal. How many years will it be until you reach your goal to enjoy your vacation:

A. 5.51 years

B. 5.26 years

C. 4.85 years

D. 7.02 years

E. 6.01 years

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