Suppose you had $20,000 to invest for one year. You are deciding between a savings account with a 2% annual interest rate compounded daily (alternative A) and one with a 2% annual interest rate compounded monthly (alternative B). You are about to invest in the alternative A, but then you realize that since that bank is in downtown Milwaukee, youll need to spend an extra $2 for parking when opening the account. Alternative B does not have this cost (its a bank near campus). What is the future value of alternative A? Group of answer choices

20403.69

20401.65

20401.98

20404.02