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Upon graduating from college 30 years ago, Dr. Nick Riviera was already thinking of retirement. Since then he has made deposits into his retirement fund

Upon graduating from college 30 years ago, Dr. Nick Riviera was already thinking of retirement. Since then he has made deposits into his retirement fund on a monthly basis in the amount of $120. Nick has just completed his final payment and is at last ready to retire. His retirement fund has earned 10.2% interest compounded monthly.

a. How much has Nick accumulated in his retirement account?

b. In addition to all this, 20 years ago, Nick received an inheritance check for $30,000 from his beloved uncle. He decided to deposit the entire amount into his retirement fund. What is his current balance in the fund?

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