(Compound interest with non-annual periods)Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period:

Account Holder

Amount Deposited

Annual Interest Rate

Compounding Periods Per Year (M)

Compounding Periods (Years)

Wayne Robinson 121,000 8% 12 4

The amount of money in Wayne Robinson's account at the end of 4 years will be $ ______.

(Round to the nearest cent.)