Question: Problem 5 - 2 5 Calculating Annuity Future Values [ lO 1 ] . You make $ 9 , 0 0 0 annual deposits into

Problem 5-25 Calculating Annuity Future Values [lO 1].
You make $9,000 annual deposits into a retirement account that pays an APR of 10 percent compounded monthly. Your first deposit will be one year from today. How large will your account balance be in 34 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
Answer is complete but not entirely correct.
\table[[Account balance,$,2,208,224.24
Problem 5 - 2 5 Calculating Annuity Future Values

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