please give work notes and explain

Current Attempt in Progress X Your answer is incorrect Andrew and Emma Garfield invested $7,900 in a savingss account paying 4 % annual interest when their daughter, Angela, was born. They also deposited $1,200 on each of her birthdays until she was 17 (including her 17th birthday) Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided) How much was in the savings account on her 17th birthday (after the last deposit)? (Round answer to 2 decimal places, e.g. 25.25.) Amount on 17th birthday $ 55125.57 eTextbook and Media eTextbook Attempts: 2 of 3 used Save for Later Check Answer Next