Mr. Nowak has contributed $91.00 at the end of each three months into an RRSP paying 3% per annum compounded annually.
Part 1
How much will Mr. Nowak have in the RRSP after 15 years?
$____ (Round the final answer to the nearest cent as needed.
Part 2
How much of the above amount is interest?
$____ (Round all intermediate values to six decimal places as needed.)