Question: Vs The Jacksons are saving up to go on a family vacation in 2 years. They invest $2500 into an account with an annual interest

Vs The Jacksons are saving up to go on a family vacation in 2 years. They invest $2500 into an account with an annual interest rate of 1.15% comepunded monthly. i Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Assuming no withdrawals are made, how much money is in the Jacksons' account after 2 years? X S sl (b) How much interest is earned on the Jacksons' investment after 2 years? (]

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