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Your birthday is next week and instead of other presents, your parents promised to give you $$1,100$ in cash. Since you have a part$-$time job and, thus, don't need the cash immediately, you decide to invest the money in a bank CD that pays $7\mathrm{.}0$ percent, compounded quarterly, for the next two years. How much money can you expect to earn in this period of time? $($Round intermediate calculations to $6$ decimal places, es$.2\mathrm{.}512512$ and final answer to $2$ decimal places, e$.$g$.2,515\mathrm{.}25.)$

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