Ruth is going to invest $5,000 a year at the end of each year for the next twenty-five years.The investment will be done in a regular investment account (i.e., no tax deferral), and will accrue capital gains at the

(before-tax) rate of 6% p.a., annual compounding. Suppose that she will sell her entire investment after twenty-five years (i.e., immediately after the last investment is made). Suppose also that her marginal income tax rate is 30%. How much money (after-tax) will Ruth have after twenty-five years?