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You placed $9,258 in a savings account today that earns an annual interest rate of 11 percent compounded annually. How much will you have in

You placed $9,258 in a savings account today that earns an annual interest rate of 11 percent compounded annually. How much will you have in this account at the end of 38 years? Assume that all interest received at the end of the year is reinvested the next year.

Round the answer to two decimal places.

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