Problem 5.14 Cecelia Thomas is a sales executive at a Baltimore firm. She is 25 years old and pla...

Problem 5.14 Cecelia Thomas is a sales executive at a Baltimore
firm. She is 25 years old and plans to invest $4,800 every year in
an IRA account, beginning at the end of this year until she turns
65 years old. If the IRA investment will earn 8.30 percent
annually, how much will she have in 40 years, when she turns 65?
(Round intermediate calculations to 4 decimal places, e.g. 1.5212
and final answer to 2 decimal places, e.g. 15.25.) Future value of
investment