You are planning to make monthly deposits of $$475$ into a retirement account that pays $10$ percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in $40$ years?

Input area:

Monthly deposit $$475$

Payments per year $12$

APR $10\%$

Number of years $40$

$($Use cells A$6$ to B$9$ from the given information to complete this question. Your answer should be a positive value.$)$

Output area:

Future value of annuity $($Formula$)$