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Financial Accounting

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FV Uneven Cash Flow and Period

FINACT-Y1AXQO

Mr. Wang would like to save some money for his daughter. Assume it is 1/1/2015 now, he decides to save \$10,000 at the end of 2015, \$20,000 at the end of 2017, and \$30,000 at the end of 2020.

How much in savings (in $) will Mr. Wang have at the end of year 2022 given the interest rate is 5%? Round your answer to the second decimal place.