You are scheduled to receive $18,500 in three years. When you receive it, you will invest it for nine more years at 9.25 percent per year. How much will you have in twelve years? (Do not round...

You are scheduled to receive $18,500 in three years. When you receive it, you will invest it for nine more years at 9.25 percent per year.

How much will you have in twelve years?
(Do not round intermediate calculations and r
ound your answer to 2 decimal places, e.g., 32.16.)