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Question 14 (1 point) Tim needs $6500 in 3 years for his first year university program. He is planning a regular payment at the end

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Question 14 (1 point) Tim needs $6500 in 3 years for his first year university program. He is planning a regular payment at the end of each month into an account that pays 4.2%, compounded monthly. How much does the regular payment need to be? Question 15 (1 point) Adela needs $30 000 in 10 years for a down payment on a house. She is planning to deposit a regular amount every 2 weeks into and account that pays 7.8% compounded bi-weekly. How much does she need to deposit every 2 weeks to reach this goal

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