You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $5,000 per year, beginning immediately. You will make 4 deposits in an account that pays 6.2% interest. Under these assumptions, how much will you have 4 years from today?

Select one:

A. $25,440.64

B. $23,298.23

C. $21,938.07

D. $18,315.76

E. $17,246.48