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As part of your recirement package, your company has agreed to pay vou monthly payments over the next three yeurs that have the following characteristics.

As part of your recirement package, your company has agreed to pay vou monthly payments over the next three yeurs that have the following characteristics.
Wou will recelve 12 monthly payments each year, with the first payment for the year being mude on lanuany 14, and the last payment for the year being made on December 1 st.
2 Monthly puyments for the first year will be $5,000 per month.
After Year 1, you will receive an annual cost of living adjustment (COLA) of 1.0 percent that will be effective as of the January 1st payment for each subsequent year. That is, in Year 2 your monthly payment will be 1.0 percent higher than in Year 1(i.e., $5,000**1.01 $5,050%, and in Year 3, it will be 1.0 percent higher than in Year 2.
You believe that interest rates will increase in the future and that you will be able to deposit your payments into an investment account and receive the following effective annual rates of return (over the 12 months from January 1st to December 31 st of each year): Years 1 and 2=6.6759627%, Year 3=8.2139158%.
Given this information, determine how much you should expect to have in your investment account right after your 36th deposit on December 1st of Year 3.
Answer is whole dollars, rounded to the nearest dollar, with no punctuation. For example, if our answer is $150,224.75, enter "150225".
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