Ali's current salary Is $80,000 per year, and he is planning to retire 25 years from now. He is sure that his salary will increase by 3% each year. That is, in the first year he will earn $82,000, in the second year $84,872, in the third year $6,000, and so forth. He plans to deposit of his salary into a retirement fund that earns 10% interest compounded monthly. What will be the amount accumulated at the time of his retirement