Secondary school accounting. need explanation. thanks in advance

You put $200 into a savings account at the end of each month for 5 years. If interest at 1% per month is compounded monthly, how much money will there be in your account at the end of the 5 years? Choose the best available answer below $14,323.78 $16,333.93 =200(1+12)5 $15,222.82 $19,111.67