John invests $$20,000$ in a four$-$year certificate of deposit $($CD$)$ issued by the Highland Bank, that annually pays interest of $3\mathrm{.}5\%.$ However, the interest payments are not invested back into the CD$.$ Instead, the interest payments are automatically reinvested in a separate savings account at a stated annual interest rate of $2\%$ compounded monthly. At maturity, the value of the combined asset is closest to: Multiple Choice $$21,675$ $$22,954$ $$22,886$