Problem $5-18$ Calculating Future Values $[$LO$1]$

You have just made your first $$5,400$ contribution to your retirement account. Assume you earn a return of $13$ percent per year and make no additional contributions.

What will your account be worth when you retire in $41$ years?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

What if you wait $10$ years before contributing?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$