Charlie Brown is a CEO at an Adelaide company. He is 30 years old and plans

to invest $32,624 each year in a saving account until he turns 70 years old. If

the savings occur immediately and at the beginning of each year, and the

interest on the saving account is 6.25 percent annually, he will have $

at age 70.

Round your intermediate calculations to 6 decimal places, round your answer to

2 decimal places. E.g. if the final value is $12345.8342, please type 12345.83

in the answer box (do not type the dollar sign).