Question: For 25 years, Phil contributed $500 every three months to a savings account that earns 2.2% interest compounded quarterly. After the 25 years, he stopped

For 25 years, Phil contributed $500 every three months to a

For 25 years, Phil contributed $500 every three months to a savings account that earns 2.2% interest compounded quarterly. After the 25 years, he stopped his regular contributions and let the account grow for the next 15 years. Determine the balance of the account at the end to the 40 years that he had his account. Include the units of the value with your

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