An account starts with a value of $5,500. It earns 7.4%, compounded monthly. $300 is added to the account at the end of each month. What will the account balance be after 38 years? Note: It is...

Extracted text: An account starts with a value of $5,500. It earns 7.4%, compounded monthly. $300 is added to the account at the end of each month. What will the account balance be after 38 years? Note: It is important that you do TWO calculations and round each one to the nearest penny to avoid a possible one-penny rounding issue. Answer = $ x (Round to the nearest cent/penny) 54,250.28 Question Help: Message instructor