(1 point) Kimberly has just started her first job and decides to begin saving for a car. She opens a savings account on October 1, 2003 with a deposit of 160 dollars, and will continue to make deposits of the same amount at the beginning of each month until October 1, 2007, when she will make the final deposit. If the account pays a nominal rate of interest of 9.6 percent convertible monthly, how much is in the account on October 1, 2011, (when Kimberly will use this money as a down payment for a car)? Answer = dollars