Mckinnon's Machinary sets aside $$$$3800\mathrm{.}00$ at the beginning of every month in a fund to replace equipment. If interest is $12\%$ compounded annually comma how much will be in the fund after $7$years$?$

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Part $1$

The fund will be worth $$$

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$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as$$ needed.$)$