Troy is saving for his retirement 23 years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $140.00 at the end of every three months for the next15 years. Interest is 10% compounded quarterly.

Question:

(a) How much money will be in his account on the date of his retirement?

(b) How much will Troy contribute?

(c) How much will be interest?

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