2. After graduation, you plan to work for Tesla for 12 years and then start your own business. You expect to save and deposit $16,000 a year for the first 6 years (t = 1 through t = 6) and $5,300 annually for the following 6 years (t = 7 through t = 12). The first deposit will be made a year from today. In addition, your grandfather just gave you a $30,000 graduation gift which you will deposit immediately (t = 0). If the account earns 6% compounded annually, how much will you have when you start your business 12 years from now? (20 points; Show all your work for partial credit. Note that correct answers without any work will be rewarded ZERO, no exceptions.)