Suppose that a landlord is interested in renting out a two-bedroom apartment for $1,000 a month for the next year. The landlord requires rent to be paid at end of the month, at which point he will deposit the rental check into a local savings account. If the annual interest that the tenant can earn on this account is 4% and interest is compounded monthly, how much will the tenant have in his savings account at the end of the year? $12,222.46 O $15,025.81 O $9,385.07 $11,743.99