erome is contemplating the purchase of 100 shares of a stock selling for $19 per share. The stock pays no dividends. The mistory of the stock indicates that it should grow at an annual rate of 13% per year. Use annual compounding to determine mow much the 100 shares of stock will be worth in 7 years. The 100 shares will be worth $ in 7 years. (Round to the nearest cent as needed.)