Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually.

Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually.  At the end of 12 years, she stopped making payments to the account, but continued to invest her accumulated amount at 5% compounded annually for the next 11 years.

What was the value of the Ira at the end of 12 years?

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