Problem

Savings account One of the oldest banks in the United States is the Bank of America, found...

Savings account One of the oldest banks in the United States is the Bank of America, founded in 1812. If $200 had been deposited at that time into an account that paid 4% annual interest, then 180 years later the amount would have grown to 200(1.04)180 dollars. Approximate this amount to the nearest cent.

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