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Since your first birthday, your grandparents have been depositing $1,300 into a savings account on every one of your birthdays. The account pays 7% interest

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Since your first birthday, your grandparents have been depositing $1,300 into a savings account on every one of your birthdays. The account pays 7% 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: A. $44,198.74 B. $26,519.24 C. $61,878.24 D. $53,038.49

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