Joe's starting salary as a mechanical engineer is around $70,000. Joe is planning to place a total of 6% of his salary each year in the mutual fund. Joe expects a 4% salary increase each year for the next 25 years of employment. If the mutual fund will average 10% annual return over the course of his career, what can Joe expect at retirement? Click the icon to view the interest factors for discrete compounding when i = 10% per year. The amount Joe can expect at retirement is $ 953035. (Round to the nearest dollar.)