Mr. Nowak has contributed $106.00 at the end of each month into an RRSP paying 3% per annum compounded annually.

How much will Mr. Nowak have in the RRSP after 15 years?

$

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)

How much of the above amount isinterest?

$

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)