Suppose that a young couple has just had their first baby and they wish to insure that enough money will be available to pay for their child's college education. They decide to make deposits into an educational savings account on each of their daughter's birthdays, starting with her first birthday. Assume that the educational savings account will return a constant 11%. The parents deposit $2,300 on their daughter's first birthday and plan to increase the size of their deposits by 6% each year. Assuming that the parents have already made the deposit for their daughter's 18 th birthday, then the amount available for the daughter's college expenses on her 18 th birthday is closest to: A. $186,674 B. $169,704 C. $84,852 D. $118,793