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Andrew and Emma Garfield invested $6,000 in a savings account paying 4% annual interest when their daughter, Angela, was born. They also deposited $1,000 on
Andrew and Emma Garfield invested $6,000 in a savings account paying 4% annual interest when their daughter, Angela, was born. They also deposited $1,000 on each of her birthdays until she was 14 (including her 14th birthday). Click here to view the facto able (For calculation purposes use 5 decimal places as displayed in the factor table provided.) How much was in the savings account on her 14th birthday (after the last deposit)? (Round answer to 2decimal places, e.g. 25.25) Amount on 14th birthday $ ________________
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