Could you please solve it with details?

Problem 1 When Jack started his job working at an industrial manufacturing company, he contributed $275 at the end of each month into a savings account that earned 1.19% interest compounded monthly for 8 years. At the end of the 8th year, Jack was laid off. Fortunately, Jack didn't have to touch the savings account while he was laid off because his wife's income was able to meet the family expenses. After being laid off for two years, Jack found another job and he started contributing $165 back into the savings account at the end of each month for the next twelve years. How much money would Jack have in the account at the end of the twelve years after starting his new job? You may use the TVM Solver. Show all the necessary work that you need perform to arrive at the answer. The answer should be in the form of a sentence. (15 points)