(Nonannual compounding using a calculator) Hank Schrader plans to invest $300 at the end of each month for 5 years into an account with an APR of 11.8 percent compounded monthly. He will use this money as a down payment on a new home at the end of the 5 years. How large will his down payment be 5 years from today? After 5 years, Hank will have $. (Round to the nearest cent.)