John would like to plan for his newborn daughter Ashleys college education. If John wants to have $100,000 ready for Ashley on her 18^th birthday, how much money does John have to save each year? Assume the relevant interest rate is 8%, and John makes the first deposit now (i.e., in year 0) and the last deposit in year 18.

Group of answer choices

$2412.8

$2743.5

$2742.4

$2670.2