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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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