First, is this question well-defined? That is, the homomorphisms are determined by the order n.
Since $R/Z$ is the multiplicative unit circle, all finite subgroups are cyclic, so the image of the homomorphisms must be cyclic. My intuition is there exists bijection between cyclic subgroups of $G$, but I don't know how to proceed it formally.
This gets you into group cohomology.
For any subgroup $A\le G$ such that $G/A$ is cyclic, it's the number of central extensions $$0\to A\to G\to G/A\to 0,$$ by the first isomorphism theorem.
These are at least as many as in the second cohomology group, $H^2(G/A,A).$ (When the action of $G/A$ on $A$ is trivial, the correspondence is one-one.)
In the situation where the extension is split we have $G\cong A×G/A,$ and this corresponds to zero in $H^2(G/A,A).$