Alex was able to contribute to a 401K at his first job until the age of...

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Alex was able to contribute to a 401K at his first job until the age of 30. The account had $24,000 when contributions stopped. The money continued to earn interest, compounded quarterly, at a rate of 5.5%/year for the next 25 years. How much money will be in the account at that time. (Note: Alex will not make any more deposits into the account, the only increase in funds will be through interest.) Include units in your answer and round to two decimal places. Alex was able to contribute to a 401K at his first job until the age of 30. The account had $24,000 when contributions stopped. The money continued to earn interest, compounded quarterly, at a rate of 5.5%/year for the next 25 years. How much money will be in the account at that time. (Note: Alex will not make any more deposits into the account, the only increase in funds will be through interest.) Include units in your answer and round to two decimal places.