4) You receive a 30 year annuity that pays $1,250 at the end of each month for the first year, and then this monthly payment increases by 2% each year (so that the monthly payments in the second year are $1,275, the monthly payments in the third year are $1,300.50, etc.). Immediately after receiving each monthly payment, you reinvest the payment into an account carning an interest rate (12) = .06. Find the accumulated value of the payments after 30 years