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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

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 9 percent over 9, 14, or 19 years?

If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 9 percent over 9 years, the amount accumulated would be $____. (Round to the nearest dollar.)

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1234|6802581594 000-12 37 35 11 009 30 77 54 13 02 39 28 75 234680 12 1 1 20 24 28 32 37 3|4|67|91-14 16 9 22 30 34-39 1234679|135 18 222 31 FYI 0% 123457913 5702695 00 08-24 50 86-33 2-63 44 64 9 9 21-32 12345|7 | 8 0 2 4 6 8 1 47 4 1234|578-10-13 15 17 20 22 25 12345680134682 23 15 31 52 80 14 54 02 57 20 91 71 50-57 12345680|24579|- 6638 124 1234567902356801 012345 -10-1 123456789 Data Table 702693 14 972 15784 16645 175601 0262 13.486 15.026 333444 14.207 18.531 19 56120.655 15.917 24.133 16.627 18.292 21.495 22.953 24.52326.212 30.095 19.599 21.015 22 550 24215 1520.024 21.579 23276 25 129 27.152 29.3613 16 21825 23 65725673 27888 30 324 33003 26.019 32.393 34.405 37.280 23.657 23.69825.840 28 21 18 25645 2813230906 33.999 42.753 48.884 30.840 44.501 36 974 37.450 45.599 61.725 671 30 539 33760 37 379 41.446 46.018 51.159 56 939 63.44 29.778 33 066 36,786 40995 45 511601 56.765 57275 64.203 80.947 31.969 39.993 44.865 49.006 72.265 64.002 71.403 34.248 55.457 53.43660 58.177 66765 38.505 81.214 92.503 105.491 46.996 9.543 69.532 04.603 76 790-88 497- 102. 174--118 155 m 133.334 120.205 24 39.083 44 502 50 816 102.174 136 831 155.620 41.64647.727 54.865 63.249 73.1 98.347 30 56 085 66.43979 058 94 461 113283 136308164 494 95 026 120 800 154.762 199.635259.057 337.882 442.593 581.826 767091 1013.704 406 5291-573.770 -815084L 24000183459 507 209 348-290 336 150| 1163 909 771 152 667 1668

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