Question: You've decided that for the next five years, you will make 60 monthly deposits of $100 each, starting from today, into an account that pays

You've decided that for the next five years, you will make 60 monthly deposits of $100 each, starting from today, into an account that pays an APR of 5.60% with quarterly compounding. Currently you have $550 in the account. How much money you'll have in this account at the end of the 5th year? (Hint: putting cash flows on a timeline will make your life easier.)

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