Future Value of Annuity.Michelle is attending college and has a part-time job. Once she finishes college, Michelle would like to relocate to a metropolitan area. She

wants to build her savings so that she will have a "nest egg" to start her off. Michelle works out her budget and decides she can afford to set aside $130 per month for savings. Her bank wIll pay her 2% per year. compounded monthly, on her savings account. fwaht will be Michelle's balance will be In five years?

in five years, Michelle's balance will be $?