1 2 3 4 Input area: 56 4567 14 13 Output area: 16 A You are planning to make monthly deposits of $475 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 40 years? 7 8 9 10 11 (Use cells A6 to B9 from the given information to complete this question. Your answer should be a positive value.) 12 17 Monthly deposit Payments per year 19 15 Future value of annuity APR Number of years B $475 12 10% 40 4

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