You feel that you will need $1.9 million in your retirement account and when you reach that amount, you plan to retire. You feel you can earn an APR of 8.7 percent compounded monthlyand plan to save $240 per month until you reach your goal. How many years will it be until you reach your goal and retire?

A. 44.36 years

B. 42.51 years

C. 51.22 years

D. 56.31 years

E. 46.92 years