You make 5400 annual deposits into a retirement account


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).)

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Business Management: You make 5400 annual deposits into a retirement account
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