Q$15$

ABC Inc. maintains a defined contribution plan permitting employees to make an annual contribution of $35000$ into the plan. In order to generate the required yearly contribution, several of ABC $\text{'}$s employees invest $35000$ per year in an exchange$-$traded fund that will pay an annual return of $8\%$ for the next $40$ years. If the plan generates its promised return, the amount of money each employee will have for retirement after making the last payment is closed to: