Question
Julia saves $30 at the end of each week and deposits the money in an account paying 8% compounded semi-annually. How much will Julia accumulate
Julia
saves
$30
at the end of each
week
and deposits the money in an account paying
8%
compounded
semi-annually.
How much will
Julia
accumulate in
5
years? How much of the accumulated amount is interest?
Question content area bottom
Part 1
Julia
will accumulate
$enter your response here
in
5
years.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Part 2
After
5
years,
$enter your response here
of the accumulated amount is interest.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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