Knowing that the education costs for her kids would be huge, Roberta puts lump sum money from her inheritance in a savings account paying an interest of 4.69% compounded semi-annually. If ordinary annuity payments of $1500.00 per month are to be paid out of the account at the end of each month for four years, how much did Roberta deposit?
A)$65 533
B)$32 474
C)$65 592
D)$32 723
E)$54 343