Question: 8. A4] Latisha decides to make regular deposits every two weeks (26 times per year) into an account that earns 5.2% per year, compounded bi-weekly.

 8. A4] Latisha decides to make regular deposits every two weeks(26 times per year) into an account that earns 5.2% per year,compounded bi-weekly. She hopes to have $45 000 at the end of

8. A4] Latisha decides to make regular deposits every two weeks (26 times per year) into an account that earns 5.2% per year, compounded bi-weekly. She hopes to have $45 000 at the end of 5 years. Determine the amount of the regular deposit that she will need to make.9. A new golf course has 450 lifetime members 3 weeks after it opens and 1050 lifetime members 7 weeks after it opens. Assume the increase in membership is arithmetic. a) Determine a formula for the general term. b) How many members will there at the end of the 10th week? c) When will there be over 2000 members if we assume the growth will continue? 10. Kevon wants to save for his retirement at age 65. If he invests $690.26 every month into an account pays 4.8% per year, compounded monthly and he starts the investment at age 25, a) How much money will he have when he retires?a) How much money will ne nave when ne retires? b) If Kevon takes the investment (the money he saved) and invests it into an annuity that pays 5.8% per year compounded monthly, how much can he withdraw every month for the next 25 years

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