Question: Problem 9 - 2 0 ( Algo ) Future value [ LO 9 - 2 ] Kal Chang made a $ 4 , 2 0

Problem 9-20(Algo) Future value [LO9-2]
Kal Chang made a $4,200 deposit In her savings account on her 21st blrthday, and she has made another $4,200 deposit on
every birthday since then. Her account earns 10 percent compounded annually.
How much will she have In the account after she makes the deposit on her 32nd birthday? Use Appendlx C for an
approximate answer, but calculate your final answer using the formula and financlal calculator methods.
Note: Do not round Intermedlate calculatlons. Round your flnal answer to 2 declmal places.
Answer is complete but not entirely correct.
Problem 9-20(Algo) Future value [LO9-2] Kal Chang made a $4,200 deposit

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