Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved this amount every year, how much would he accumulate in a tax-deferred account earning 7 percent over 10, 15, or 20 years? Click on the table icon to view the FVIFA table If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 7 percent over 10 years, the amount accumulated would be $ (Round to the nearest dollar.) Data Table X n 1 2 3 4 5 6 7 9 10 11 12 13 Compound Sum of an Annuity of $1 (FVIFA) 4% 5% 6% 7% 8% 9% 10% 11% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.040 2.050 2.060 2.070 2.080 2.090 2.100 2.110 3.122 3.153 3.184 3.215 3.246 3.278 3.310 3.342 4.246 4.310 4.375 4.440 4.506 4.573 4.641 4.710 5.416 5.526 5.637 5.751 5.867 5.985 6.105 6.228 6.633 6.802 6.975 7.153 7.336 7.523 7.716 7.913 7.898 8.142 8.394 8.654 8.923 9.200 9.487 9.783 9.214 9.549 9.897 10.260 10.637 11.028 11.436 11.859 10.583 11.027 11.491 11.978 12.488 13.021 13.579 14.164 12.006 12.578 13.181 13.816 14.487 15.193 15.937 16.722 13.486 14.207 14.972 15.784 16.645 17.560 18.531 19.561 15.026 15.917 16.870 17.888 18.977 20.141 21.384 22.713 16.627 17.713 18.882 20.141 21.495 22.953 24.523 26.212 18.292 19.599 21.015 22.550 24.215 26.019 27.975 30.095 20.024 21.579 23.276 25.129 27.152 29.361 31.772 34.405 21.825 23.657 25.673 27.888 30.324 33.003 35.950 39.190 23.698 25.840 28.213 30.840 33.750 36.974 40.545 44.501 25.645 28.132 30.906 33.999 37.450 41.301 45.599 50.396 27.671 30.539 33.760 37.379 41.446 46.018 51.159 56.939 29.778 33.066 36.786 40.995 45.762 51.160 57.275 64.203 31.969 35.719 39.993 44.865 50.423 56.765 64.002 72.265 34.248 38.505 43.392 49.006 55.457 62.873 71.403 81.214 36.618 41.430 46.996 53.436 60.893 69.532 79.543 91.148 39.083 44.502 50.816 58.177 66.765 76.790 88.497 102.174 41.646 47.727 54.865 63.249 73.106 84.701 98.347 114.413 56.085 66.439 79.058 94.461 113.283 136.308 164.494 199.021 95.026 120.800 154.762 199.635 259.057 337.882 442.593 581.826 152.667 209.348 290.336 406.529 573.770 815.084 1163.909 1668.771 14 12% 13% 1.000 1.000 2.120 2.130 3.374 3.407 4.779 4.850 6.353 6.480 8.115 8.323 10.089 10.405 12.300 12.757 14.776 15.416 17.549 18.420 20.655 21.814 24.133 25.650 28.029 29.985 32.393 34.883 37.280 40.417 42.753 46.672 48.884 53.739 55.750 61.725 63.440 70.749 72.052 80.947 81.699 92.470 92.503 105.491 104.603 120.205 118.155 136.831 133.334 155.620 241.333 293.199 767.091 1013.704 2400.018 3459.507 15 16 17 18 19 20 21 22 23 24 25 30 40 50 Print Done