Xenia wants to save $3,897.00 over the next 2 years for a vacation in Costa Rica. She will make bi-weekly deposits (at the end of each period) into a savings account paying 5.975% compounded weekly. How much will the bi-weekly deposits be?

a) This question deals with the Answer 1 Question 4 value of an annuity Answer 2 Question 4.

b) There will be Answer 3 Question 4 payments. The payment period is Answer 4 Question 4

c) The payment amount is $Answer 5 Question 4

d) The effective interest rate per period is Answer 6 Question 4%

e) The present/future value is