$($WILL UPVOTE IF CORRECT$$ NEEDS TO BE DONE ASAP!!!$)$ You make an initial deposit of $\backslash (\backslash$$ $1,200\backslash )$ into a fun that pays interest at a rate of $\backslash (7\backslash \%\backslash )$ per year, compounded monthly. The initial deposit is made at the end of month $1.$ Your deposit amount will increase by $\backslash (2\backslash \%\backslash )$ month$-$to$-$month. What would be the balance at the end of $14$ months $($right after making the monthly deposit$)?$