Shondra wishes to accumulate a college fund for her daughter by making 17 equal annual deposits beginning on the daughter's first birthday. The fund will be used to make four annual tuition payments beginning on the daughter's 18th birthday. The first tuition payment will be $15,000, with the subsequent payments increasing by 8% each year. Shondra earns interest on her investment at a 5\% annual effective rate. Determine the minimum amount of her annual deposit. A Less than $2,200 E At least $2,800