Javier is currently paying $1400 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 11 percent over 9, 14 or 19 years? Note: Round intermediate computations to at least five (5) decimal places. Click on the table icon to view the FVIFA table:

Question content area bottom Part 1 If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 11% over 9 years, the amount accumulated would be $ enter your response here