To purchase a specialty guitar for his band, for the last year JJ Morrison has made payments of $98 at the end of each month into a savings account earning interest at 5.84% compounded monthly. If he leaves the accumulated money in the savings account for another three years at 6.22% compounded quarterly, how much will he have saved to buy the guitar? The balance in the account will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)