Question: 1. Jane has taken a part-time job to save for a $503 racing bike. If she puts $15 each week into a savings account paying

1. Jane has taken a part-time job to save for a $503 racing bike. If she puts $15 each week into a savings account paying 5.2% interest compounded weekly, when will she be able to buy the bike?
2. Bob needs $3064 to have some repairs done on his house. He decides to deposit $150 at the end of each month into an earning 2.7% interest compounded monthly. When will he be able to do the repairs?

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