Filimonov Savings Bank pays 8 percent interest compounded weekly (0.154 percent per week) on savings accounts. The bank has asked your help in preparing a table to show potential customers the number of dollars that will be available at the end of 10-, 20-, 30-, and 40- week periods during which there are weekly deposits of $ 1, $ 5, $ 10, or $ 50.
The following data are available:

Required:
Complete a table similar to the one below.

Transcribed Image Text:

Length of Annuity 10 weeks 20 weeks 30 weeks 40 weeks Future Value of Annuity at an Interest Rate of 0.154% per week 10.0696 20.2953 30.6796 41.2250 Amount of Each Deposit Number of Deposits $1 S5 $10 $50 10 20 30 40