Question

To purchase a specialty guitar for his band, for the last JJ Morrison has made payments...

To purchase a specialty guitar for his band, for the last JJ Morrison has made payments of $119 at the end of
each month into a savings account earning interest at 4.05% compounded monthly. If he leaves the accumulated money in
the savings account for another at four years at 5.57% compounded quarterly, how much will he have saved to buy the
guitar?

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