assume you currently have $215,000 that you are ready to invest for retirement. In addition, you plan to save

$8,500 per year at the end of each year for years 1-9

$13,000 at the end of year 10

$18,500 per year at the end of each year for years 11-18

Assuming you earn 8.7% as an annual rate of return, how much will you have 18 years from today when you retire?