1.If you deposit $230 every month for the next 5 years, with first deposit to be made today and all deposits to be made at the beginning of every month, in an account that pays 6.61% APR with quarterly compounding, how much money you'll have at the end of the 5th year?

2.In 5 years, you will start receiving monthly payments of $500 from a trust fund that one of your great parents set up for you. The first payment will be made at the very end of year 5 and the payments will last for 26 years. You plan to deposit the money you receive every month into a special account right away that pays 6.00% APR with quarterly compounding.

Today the account mentioned above has a balance of $13000.

Assuming that interest rate will stay constant, what will be the account balance at the end of the 10th year?