2. You want to save up to buy some new patio furniture. Patio furniture does not come cheap, so you will need to save $5,000 in the next two years. In order to reach this savings goal, how much will you need to deposit each week into an account offering 3.25% APR? Math 105 Written Assignment 3 3. Jeanette is saving for a Hawaii vacation. The packages she's been looking at cost around $8000. If she would like to have the $8,000 saved in 3 years and her account offers 4.5% APR compounded monthly, how much will she need to deposit today to reach her savings goal? 4. Suppose you took the $3.00 you spend each morning on coffee and deposit it daily into an account earning 5.5% APR. How much will you have saved after 3 years?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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2. You want to save up to buy some new patio furniture. Patio furniture does not come cheap, so you will need
to save $5,000 in the next two years. In order to reach this savings goal, how much will you need to deposit
each week into an account offering 3.25% APR?
Math 105
Written Assignment 3
3. Jeanette is saving for a Hawaii vacation. The packages she's been looking at cost around $8000. If she would
like to have the $8,000 saved in 3 years and her account offers 4.5% APR compounded monthly, how much
will she need to deposit today to reach her savings goal?
4. Suppose you took the $3.00 you spend each morning on coffee and deposit it daily into an account earning
5.5% APR. How much will you have saved after 3 years?
Transcribed Image Text:2. You want to save up to buy some new patio furniture. Patio furniture does not come cheap, so you will need to save $5,000 in the next two years. In order to reach this savings goal, how much will you need to deposit each week into an account offering 3.25% APR? Math 105 Written Assignment 3 3. Jeanette is saving for a Hawaii vacation. The packages she's been looking at cost around $8000. If she would like to have the $8,000 saved in 3 years and her account offers 4.5% APR compounded monthly, how much will she need to deposit today to reach her savings goal? 4. Suppose you took the $3.00 you spend each morning on coffee and deposit it daily into an account earning 5.5% APR. How much will you have saved after 3 years?
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