You are expected to graduate from College at ther end of this year. You plan to work for the next 10 years witha a well paying job and retire having made sufficient money. You can save $50,000 per year for each of the next 10 years and will be able to invest it at an annually compounded rate of 8%. In addition, you will recieve $25,000 upon graduating which you also invest right away at a rate of 8%. How much money will you have from both your $25,000 investvemt upon graduating and work savings when retire.