Question $11(1\mathrm{.}5$ points$)$

The parents of a newborn decide to make deposits into an educational savings account on each of their daughter's birthdays, starting with her first birthday. Assume that the educational savings account will return a constant $6\mathrm{.}0\%$ per year. The parents deposit $$1,800$ on their daughter's first birthday and plan to increase the size of their deposits by $3\mathrm{.}5\%$ each year. How high will be the amount available right after the last installment on her $18$ th birthday?

Instructions: Round the result to two decimal places and do not put the $"$$$"$ symbol in the answer box. For example if you get a result of $$74,563\mathrm{.}02837$ then write $74,563\mathrm{.}03$ in the answer box below.

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