$A25-$year$-$old earns $$60,000$ per year. Each year, they will contribute $5\%of$ their annual salary $to$ a retirement account that $is$ expected $to$ earn $an$ average return $of10\%$ per year. Their salary $is$ expected $to$ grow $atan$ average $3\%$ per year.

The worker will retire $in40$ years.

Use this information $to$ answer the next $*2*$ questions.

Now assume the worker pays $a2\%$ annual fee $on$ this retirement investment.

Compute the value $of$ the account $at$ retirement.