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You make $5,400 annual deposits into a retirement account that pays 10.5 percent interest compounded monthly. Required: How large will your account balance be in

You make $5,400 annual deposits into a retirement account that pays 10.5 percent interest compounded monthly.

Required:

How large will your account balance be in 30 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Account balance in 30 years

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