Question: This test: 50 point(s) possible This question: 4 point(s) possible Test: MATH1... Question 13 of 15 Submit test To purchase a specialty guitar for his

This test: 50 point(s) possible This question: 4 point(s) possible Test: MATH1... Question 13 of 15 Submit test To purchase a specialty guitar for his band, for the last three years JJ Morrison has made payments of $103 at the end of each month into a savings account earning interest at 3.03% compounded monthly. If he leaves the accumulated money in the savings account for another two years at 6.09% compounded quarterly, I how much will he have saved to buy the guitar? The balance in the account will be $:|. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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