You would like to have $3500 in 3 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 5% compounded semiannually. Answer parts (a) and (b).

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onths? a. How much should you deposit at the end of every six at the end of every six months. In order to have $3500 in 3 years, you should deposit $ (Do not round until the final answer. Then round up to the nearest dollar.) onths? a. How much should you deposit at the end of every six at the end of every six months. In order to have $3500 in 3 years, you should deposit $ (Do not round until the final answer. Then round up to the nearest dollar.)

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