You will deposit money into a bank account according to the following schedule:today $$400,000$

$1$ year from today $$58,500$

$10$ years from today $$53,250$

$19$ years from today $$25,900$

$29$ years from today $$120,450$After $29$ years from today, what will be the purchasing power of the money in your bank account, expressed in today's dollars? Your bank pays interest at $3\mathrm{.}5000\%$ compounded yearly and inlfation is expected to be $3\mathrm{.}1250\%$ per year.