Problem 3-20 (algorithmic) Question Help If $1,600 is invested now, $2,300 two years from now, and $3,800 four years from now at an interest rate of 5% compounded annually, what will be the total amount in 10 years? Click the icon to view the interest factors for discrete compounding when 1-5% per year. The total amount in 10 years will be $15063. (Round to the nearest dollar.)