Linda has joined a Christmas Fund Club at her bank. At the end of every month, december through october inclusive, she will deposit of $40 in her fund. If the money earns at the rate of 7% year...

Linda has joined a Christmas Fund Club at her bank.

At the end of every month, december through october inclusive, she will deposit of $40 in her fund.

If the money earns at the rate of 7% year compound monthly, how much will she havein her account on december 1 of the following year?