1. Today, you celebrated your 30^th birthday. You just landed a new job at Citi Bank. Citi provides you a 401-k plan, and you decide to deposit $250 every month for 15 years. City matches your 401-k at 100%. However, the matched deposit of 12(250) = $3,000 are made once a year, at the end of the year. Citi pays interest at 6% compounded monthly. At the end of your 15-year tenure, you quit Citi and join JP Morgan Chase. You roll-over the entire balance to the new 401-k at Chase.

1. What is the total roll-over amount?