You are considering using Bill Pay to pay your rent, which is $2,100 a month due at the beginning of each month starting today. You are going to put a lump sum of money in a savings account today that will cover your rent for a year. If you earn an APR of 1.8% on the account, how much do you have to deposit into the account?

• $25,447.06
• $24,956.01
• $24,993.44
• $25,408.94
• $24,754.42