The grandparents of Anne love her very much. Instead of buying Anne gifts on her birthday, they deposit $2,000, starting the day she was born, each year into a bank account that pays 7% interest compounded annually. How much will Anne have in the account on her 21st birthday, just after her grandparents have made their deposit? Round your answer to the nearest dollar.

Select one:

a. $96,011

b. $98,011

c. $101,802

d. $89,730