You want to buy a new sports car 3 years from now, and you plan to save $4,000 per year, beginning one year from today. You will deposit your savings in an account that pays 8% interest. How much will you have just after you make the 3rd deposit, 3 years from now?

Group of answer choices

$12,635

$12,797

$12,486

$12,364

$12,986