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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 7% over 8,13 , or 18 years?Click on the table icon to view the FVIFA table LOADING.... If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 7 % over 8 years, the amount accumulated would be $ ?(Round to the nearest dollar.)

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