When you take your first job, you decide to start saving right away for your retirement. You put $5,000 per year into the company's retirement plan, which averages 8% interest per year. Five years later, you move to another job and start a new retirement plan. You never get around to merging the funds in the two plans.

a. Find the future worth of which the first plan continued to earn interest at the rate of 8% per year for 35 years after you stopped making contributions after 5 years.

b. Draw the cash flow diagram.