Maya got her first job as a paralegal. She wants to open up a RRSP to save for her retirement, which is in about 35 years. She can afford to save $200 a month in a mutual fund that pays an average of 8% interest, after fees, compounded monthly.

a) How much money will she have saved for retirement after 35 years? Use a TVM Solver and show the values you input into the calculator.

b) How much of this amount is interest?