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Michael and Barbara Garfield invested $5,300 in a savings account paying 5% annual interest when their daughter. Elizabeth, was born. They also deposited $1,600 on

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Michael and Barbara Garfield invested $5,300 in a savings account paying 5% annual interest when their daughter. Elizabeth, was born. They also deposited $1,600 on each of her birthdays until she was 14 (including her 14 th birthday). Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much was in the savings account on her 14 th birthday (after the last deposit)? (Round answer to 2 decimal places, e.g. 25.25.) Amount on 14th birthday

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