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Rachel can earn 3% interest in her savings account. Her daughter Dani is 11 years old today. Suppose Rachel deposits $4000 today, and one year

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Rachel can earn 3% interest in her savings account. Her daughter Dani is 11 years old today. Suppose Rachel deposits $4000 today, and one year from today she deposits another $500. Each year she increases her deposit by $500 until she makes her last deposit on Dani's 18th birthday. how much is on deposit after the 18th birthday? $20,635.62 $18,236.68 $23,623.00 $26,369.36

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