Frank and Maureen Fantazzi invested $5,700 in a savings account paying 8% annual interest when their daughter, Angela, was born. They also deposited $1,400 on each of her birthdays until she was 16 (including her 16th birthday).

How much was in the savings account on her 16th birthday (after the last deposit)? (Round answer to 2 decimal places, e.g. 25.25.)

Amount on 16th birthday ___________

Frank and Maureen Fantazzi invested $5,700 in a savings account paying 8% annual interest when their daughter, Angela, was born. They also deposited $1,400 on each of her birthdays until she was 16 (including her 16th birthday) TABLE 2Future Value of an Annuity of 1 Periods 4% 5% 6% 8%9%10% 11% 12% 15% 100000 1.00000 1.00000 1.00000 1.00000 1.00000 .00000 00000 100000 2.04000 2.05000 2.06000 2.08000 2.09000 2.10000 2.11000 2.12000 2.15000 3.12160 3.15250 3.18360 3.24640 3.27810 3.31000 3.34210 3.37440 3.47250 4.246464.31013 4.37462 4.50611 4.57313 4.64100 4.70973 4.779334.99338 541632 5.52563 5.63709 5.86660 5.9847 6.10510 6.22780 6.35285 6.74238 6.63298 6.80191 6.97532 7.33592 7.52334 7.71561 7.91286 8.115198.75374 20044 9.48717 9.78327 10.08901 110668o 789829 8.14201 8.39384 8.92280 9.200449.48717 9.78327 10.0890 1.06680 9.21423 954911 9.8974710.63663 11.0284711.43589 1185943 12.29969 13.72682 10.58280 11.02656 1.49132 12.48756 13.02104 13.57948 14.16397 14.77566 16.78584 10 12.0061 12.57789 13.18079 14.48656 15.19293 15.93743 16.72201 17.54874 20.30372 3.48635 14.20679 14.97164 16.64549 17.56029 18.53117 19.56143 20.6545824.34928 12 15.0258 15.91713 16.86994 18.97713 20.14072 21.38428 22.71319 24.13313 29.00167 13 16.62684 7.71298 18.88214 21.49530 22.95339 24.52271 26.21164 28.02911 34.35192 18.29191 19.59863 21.01507 24.21492 26.01919 27.97498 30.09492 32.39260 40.50471 20.02359 21.57856 23.27597 27.15211 29.36092 31.77248 34.40536 37.27972 47.58041 16 21.82453 23.65749 25.67253 30.32428 33.00340 35.94973 39.18995 42.75328 55.71747 17 23.69751 25.84037 28.21288 33.75023 36.9735 40.54470 44.5008448.88367 65.07509 18 25.6454128.13238 30.90565 37.45024 41.30134 45.59917 50.39593 55.74972 75.83636 19 27.67123 30.53900 33.75999 41.44626 46.01846 51.15909 56.93949 63.43968 88.21181 20 29.77808 33.06595 36.78559 45.76196 51.16012 57.27500 64.20283 72.05244102.4435 How much was in the savings account on her 16th birthday (after the last deposit) (Round answer to 2 decimal places, e.g. 25.25.) Amount on 16th birthday 172848.40 Click if vou would ike to Show Work for this question: Open Show Work