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A father opened a savings account for his daughter on the day she was born, depositing $1200. Each year on her birthday he deposits another

image text in transcribed A father opened a savings account for his daughter on the day she was born, depositing $1200. Each year on her birthday he deposits another $1200, making that last deposit on her 23rd birthday. If the account pays 4.25% interest compounded annually, how much is in the account at the end of the day on his daughter's 23rd birthday? How much interest has been earned? There is $ in the account at the end of the day on her 23rdbirthday. (Type an integer or a decimal. Round to the nearest cent as needed.) There has been $ in interest earned. (Type an integer or a decimal. Round to the nearest cent as needed.)

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