Question: Brief Exercise G-05 * Your answer is incorrect. Try again. Kenneth and Donna Garfield invested $7,400 in a savings account paying 7% annual interest when

Brief Exercise G-05 * Your answer is incorrect. Try again. Kenneth

Brief Exercise G-05 * Your answer is incorrect. Try again. Kenneth and Donna Garfield invested $7,400 in a savings account paying 7% annual interest when their daughter, Angela, was born. They also deposited $1,200 on each of her birthdays until she was 16 (including her 16th birthday). Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much was in the savings account on her 16th birthday (after the last deposit)? (Round answer to 2 decimal places, e.g. 25.25.) Amount on 16th birthday 7 Click if you would like to Show Work for this question: Open Show Work

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