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Darva is saving for a trip to Australia in 5 years. She plans to work on a student visa while she is there, so she
Darva is saving for a trip to Australia in 5 years. She plans to work on a student visa while she is there, so she needs only enough money for a return flight and her expenses until she finds a job. She deposits $500 into her savings account at the end of each 6-month period from what she earns as a server. The account earns 3.8%, compounded semi-annually. How much money will be in the account at the end of 5 years? How much of this money will be earned interest
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