Julia plans to retire at the age of $58($in $35$ years$),$ and decides she can afford to contribute $$600$ per month into her superannuation fund. Her employer will also pay $$600$ per month $($as required by workplace law$)$ into her superannuation account, therefore at the end of every month $$1200($ignore tax implications$)$ will be contributed towards her superannuation savings.

$2.$ Assuming contributions of $$1200$ per month do not change over the next $35$ years, and her superannuation fund has the capacity to grow at $7\mathrm{.}50\%$ p$.$a$.$ compounded monthly, how much will Julia have in her superannuation account when she retires at age $58?$

Show formula, variables, calculations and a concluding statement in your response.