At birth, your Uncle Hans secretly purchased a $5000 U.S. Savings Bond for $2500. The conditions of the bond state that the U.S. Government will pay a minimum annual interest rate of 8.75%, compounded quarterly. Your Uncle has given you the bond as a gift, subject to the condition that you cash the bond at age 35 and buy a red Porsche. On your way to the Dealer, you receive a call from your tax accountant informing you of a 28% tax on the bond minus the purchase price. Before stepping onto the showroom floor, compute how much cash will you have on hand, after the U.S. Government shares in your profits.