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> Ever since your first birthday, your parents have been depositing $1,000 into a college savings account on every one of your birthdays. The account

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> Ever since your first birthday, your parents have been depositing $1,000 into a college savings account on every one of your birthdays. The account pays 7% interest annually. Immediately after your parents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to which of the following? A. $20,399.42 OB. $40,798,84 OC. $33,999.03 OD. $47,598.64

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