Question: Problem 5 - 1 0 Future Values ( LO 1 ) Your wealthy uncle established a $ 2 , 6 0 0 bank account for

Problem 5-10 Future Values (LO1)
Your wealthy uncle established a $2,600 bank account for you when you were born. For the first 7 years of your life, the interest rate
earned on the account was 5%. Since then, rates have been only 3%. Now you are 22 years old and ready to cash in. How much is in
your account?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Amount
Problem 5-10 Future Values (LO1) Your wealthy uncle established a $2,600

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