16) You believe in the power of compounding and decide to save $1 per day by avoiding the purch soda. You deposit the $1 at the end of each day in a bank account that pays 8% interest compou daily. You are going to take a trip in 20 years with the money you have accumulated. How muc will you have in 20 years, assuming 365 days per year? (round to the nearest dollar) A) $22,456 B) $18,032 C) $12,438 D) $7,500