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Beginning one year from today, Ronnie will begin investing $1,000 at the end of each year for five years at 8% interest compounded annually. Question

Beginning one year from today, Ronnie will begin investing $1,000 at the end of each year for five years at 8% interest compounded annually.

Question #1: Rounded to the nearest whole dollar, how much will Ronnie have in his account at the end of year five, immediately after his fifth paymentt?

Question #2: Rounded to the nearest whole dollar, how much total interest will Ronnie earn over the entire five years?

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