Aled decides to invest £1000 in a savings scheme on the first day of each year. The scheme pays 8% compound interest per annum, and interest is added on the last day of each year. The amount of savings, in pounds, at the end of the third year is given by
$$1000 \times 1 \cdot 08 + 1000 \times 1 \cdot 08^2 + 1000 \times 1 \cdot 08^3$$
Calculate, to the nearest pound, the amount of savings at the end of thirty years. [5]