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Waldo expects to receive the following payments: - Year0=$50,000 - Vear 1=$28,000 - Vear 2=$12,000 All of this money will be saved for his retirement.

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Waldo expects to receive the following payments: - Year0=$50,000 - Vear 1=$28,000 - Vear 2=$12,000 All of this money will be saved for his retirement. If he can earn an average annual return of 10.50 percent. how much will he have in his account 25 years after making the first deposit? Note: Report your answer as a dollar amount rounded to the penny. Do not include a dollar sign (\$) in your response

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