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1. You make weekly $250 deposits into your savings account (paying at an interest rate of 2.4%) without missing a week, for 10 years. How

1. You make weekly $250 deposits into your savings account (paying at an interest rate of 2.4%) without missing a week, for 10 years. How much will you have saved at the end of the 10 year period if the balance is compounded weekly?

2. You deposit 1,000 in the bank at an interest rate of 1.5% for 10 years, compounded monthly. How much money do you have at the end of 10 years?

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