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Since your first birthday, your grandparents have been depositing $1,100 into a savings account on every one of your birthdays. The account pays 6% interest

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Since your first birthday, your grandparents have been depositing $1,100 into a savings account on every one of your birthdays. The account pays 6% interest annually. Immediately after your grandparents make the deposit on your 18 th birthday, the amount of money in your savings account will be closest to: $20,397.73 $47,594.71 $40.79$.46 $33.996.22

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