Tomorrow, on your 25th birthday, you will receive the proceeds of a trust fund that was set up by your wealthy grandmother. She invested $10,000 at 5 percent on your 5th birthday. You plan to invest your inheritance with an insurance company at a guaranteed rate of 8 1/2 percent. When you retire at the age of 65, you will begin to draw your investment in 20 equal installments calculated to reduce your fund to $0. You will make each withdrawal at the end of the year, and that the money that remains invested will continue to earn 8 1/2 percent.

How much will be in the bank when you retire? That is, the amount in the bank at age 25 continued until age 65 and assuming the interest rate is 8.5% (round to two decimal places)