Jenny has now decided to keep saving until the end of Year 10. She wishes to have $50,000 in her account for a house deposit. How much will Jenny have at the end of ten years assuming she can earn interesttwice yearly, on the quoted 12% per year, and her payments are$1250each half year? (Round to the nearest dollar.)

Jenny Abel is investing $2,500 today and will do so at the beginning of another six years for a total of seven payments. Her investment can earn 12 per cent per year.

i)How much will Jenny have at the end of seven years? (Round to the nearest dollar.)