You recently had a baby girl. You want to help her with her college expenses if she goes to college. Your plan is to give her $7,500 a year for 4 years starting 18 years from today. If you are planning to deposit money in an account that earns 5%, how much do you have to deposit today?

• $13,432.09
• $13,088.90
• $14,103.70
• $11,603.15
• $11,050.62