Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Suppose you start saving for retirement when you are 40 years old. You invest $4,000 the first year and increase this amount by 3% each year to match inflation. How much money will you have saved after 30 years if the interest rate earned on the retirement account is 9% per year? You will have saved ____ $