Answer: 327, 870.
Explanation: To find out how much money you will have in the account in 20 years, we can use the formula for future value of an annuity:
FV = P * (((1 + r)^n - 1) / r)
where FV is the future value, P is the payment per period, r is the interest rate per period, and n is the number of periods.
In this case, we have P = $5,000 (the annual deposit), r = 9.6% (expressed as a decimal, or 0.096), and n = 20 (the number of years). Plugging these values into the formula, we get:
FV = $5,000 * (((1 + 0.096)^20 - 1) / 0.096)
= $5,000 * (65.574)
= $327,870
Therefore, you will have approximately $327,870 in the account in 20 years.