You make a $60,000 investment today, and your portfolio produced a 10% return (compounded monthly). If you were to take $550 out of this account at the end of each month, how much would be in the account at t he end of twenty years?

Multiple choice:

a) $857,337

b) $ 322,545

c) $22,032

d) $18,551

Please explain how you choose your answer and what calculator inputs you used on the financial calculator.