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You deposit $ 8 , 7 1 9 today in a bank account that promises simple interest payments ( yearly ) at a rate of

You deposit $8,719 today in a bank account that promises simple interest payments (yearly) at a rate of 7%. If you do not withdraw neither your initial deposit nor your interest gains, how much money will you have in such account in 14 years?
Hint: Keep in mind in simple interest you do not gain interest on your interest gains (payments). These interest gains are not "reinvested".
Keep in mind: If you are using your BA-II Plus calculator, you should plug the rate as percentage (integer). If you are solving by hand you should plug the rate as decimal.
Please do not type the $ symbol. Round your answer to the nearest three decimals if needed.

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