You placed 1842 in a savings account today that earns an, Financial Management

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You placed 1842 in a savings account today that earns an

You placed $1,842 in a savings account today that earns an annual interest rate of 19.60 percent compounded annually. How much will you have in this account at the end of 32 years? Assume that all interest received at the end of the year is reinvested the next year. Round the answer two decimal places.

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