Elon Musk has a private wealth of about $204 billion (data: Bloomberg, 31/10/2022). Lets see what Elon Musk can do with his money in the following problems.

d. If Musk decides to set up a foundation with funding of $2 billion that he will contribute to the saving account at the end of each year during the next 20 years and the bank offers him a return of 8%, how much will be generated on this saving account after 20 years? (5 points)