George deposits $279.00 every month into her son's RESP for the next sixteen years until her son goes to college. George's son will receive quarterly payments from the RESP for the four years he is in college. If the RESP earns interest at a rate of 5.20% compounded monthly: a. What will be the RESP savings when her son goes to college? E Round to the nearest cent b. Find the size of the quarterly payments George's son will receive.