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You would like to have $12 thousand saved in 14 years for you child's education You have decided to make weekly payments into an account

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You would like to have $12 thousand saved in 14 years for you child's education You have decided to make weekly payments into an account that pays 4.8% APR How large should your weekly payment be in order for you to accumulate the desired amount? Assume you have not yet opened the account Enter your answer as a number with two decimal places of precision (and no or Do NOT enter your answer with a negative sign You plan to deposit $603 in an account today that pays 6.1% annually (nominal rate). The account compounds semiannually. How much will the account grow to in 14 years? Enter your answer as a number with two decimal places of precision (an no 'S' or ')

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