Suppose that you earned a bachelor's degree and now you're teaching high school. the school district offers teachers the opportunity to take a year off to earn a master's degreee. to achieve this goal, you deposit $ 5000 at the end of each year in an annuity that pays 6.5 % compounded annually.
a. after 5 years, you will have approximately= $
(do not round until the final answer. then round to the nearest dollar as needed.)

b. the interest is approximately= $

(use the answer from part a to find this answer.)