My daughter just gave birth to a beautiful baby girl, so to help with her college education, I plan to save $1200 each year for the next 18 years. If the first deposit is made a year from now into an account with a compound annual interest rate of 2%, how much will be in her account in 18 years?

$22,032.00

$21,600.00

$1713.90

$25,694.77

None of the above