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On Carlos s first birthday, his parents deposited $ 5 , 0 0 0 into a savings account that earns a fixed rate of 4

On Carloss first birthday, his parents deposited $5,000 into a savings account that earns a fixed rate of 4.50% and compounds interest annually. By Carloss 20th birthday, his account will have accumulated ? If Carloss parents had waited until his 10th birthday to make their initial deposit of $5,000 into the same account, by Carloss 20th birthday, the balance would have been
$
.(Hint: Round your answer to the nearest cent.)

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