Problem 18-5 Colculating an IRA Accumulation [LO18-5] When Jaral graduated from college recently, his parents gave him $1,980 and told him to use it wisely famal decided to use the money to start a retirement account. After doing some research about different cptions, he put the entire amount into a tax-deferred IRA that pays 14 percent interest, compounded annually. Calculate how much money hamal will have in his IRA at the end of 10 years. assuming that the interest rate remains the same and that he does not deposit any additional money Use (Exhibit 1A. Exhbit. 8. Exhibri.C. Extiby.1.D) Note: Use opproptiote factor(s) from the tables provided, Round time value factor to 3 decimal places and answer to 2 decimal places