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A person deposits $ 4 0 0 on the last day of each quarter into a savings account that pays 6 % annually, compounded quarterly.

A person deposits $400 on the last day of each quarter into a savings account that pays 6% annually, compounded quarterly. What is the balance in the account after 80 compounding periods?
The balance in the account after 80 compounding periods is $
(Round to the nearest dollar.)
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