If Jackson deposits $130 at the end of each month in a savings account earning interest at a rate of 6%/year compounded monthly, how much will he have on deposit in his savings account at the end of 7 years, assuming he makes no withdrawals during that period? (Round your answer to the nearest cent.)

Robin, who is self-employed, contributes $6500/year into a Keogh account. How much will he have in the account after 35 years if the account earns interest at the rate of 7.5%/year compounded yearly? (Round your answer to the nearest cent.)