b) [3 pts) James makes semi-annual deposits into an account earning 6% compounded semi-annually. The initial semi-annual deposit amount is $100 and each year the deposit amount increases by 11%. That is the payments are: $100, $100, $101, $101, $102.01, $102.01, etc. Calculate the accumulated value in the account at the time of the 30th deposit. Answer to the nearest cent