On Crystal's first birthday, her parents deposited $12,000 into a savings account that earns a fixed rate of 8.50% and compounds interest annually. How much money will Crystal's account have accumulated by her 18th birthday? (Hint: Round your answer to the nearest dollar.) $52,110 $23,047 $48,028 $120,000 What-If Scenario 1 What would have been the balance in Crystal's account if her parents had waited until her 10th birthday to make their initial deposit into the same account? $48,028 $23,047 $52,110 $120,000 What-If Scenario 2 If Crystal's parents wanted to accumulate an account balance of $36,000 by her 18th birthday, then how much should they have placed on deposit on her first birthday? $8,995 $8,290 $18,744 $3,600