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Four years ago my daughter was born. On that day I started making annual deposits of $5000 into an account that earns 10% a year.

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Four years ago my daughter was born. On that day I started making annual deposits of $5000 into an account that earns 10% a year. On her 9th birthday I will increase the annual deposits to $8000. I intent my final deposit to be on her 18th birthday. How much will be in her account on her 21st birthday (within $50 of the solution below)? 404,001.85 404,101.85 404,201.85 404.301.85 O None of the above

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