Pam Wedel borrowed $$14,700$ to pay for her child's education at Riverside Community College. Leslie must repay the loan at the end of $11$ months in one payment with $5\frac{1}{5}\%$ interest.

Required:

a$.$ How much interest must Leslie pay?

Note: Do not round intermediate calculation. Round your answer to the nearest cent.

b$.$ What is the maturity value?

Note: Do not round intermediate calculations. Round your answer to the nearest cent.

a$.$ Interest to pay

b$.$ Maturity value