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To save for retirement, your parents have deposited $430 monthly into a retirement account with an APR of 4.8% for 37 years. Complete the following

To save for retirement, your parents have deposited $430 monthly into a retirement account with an APR of 4.8% for 37 years. Complete the following sentences. Round your final answer to the nearest penny and do not include the $ in your answer.

  1. The value of your parents retirement account is $ Blank 1. Calculate the answer by read surrounding text. .
  2. The total amount of interest earned over the life of the investment is $

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