Juan Garza invested $105,000 4 years ago at 16 percent, compounded quarterly. How much has he accumulated? use appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

Juan Garza invested $105,0004 years ago at 16 percent, compounded quarterly. How much has he accumulated? Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods. Note: Do not round Intermedlate calculations. Round your final answer to 2 declmal places