# Question 4 Question Value: 7 Rinku has just finished her first year of university. She wants...

###### Question:

Question 4 Question Value: 7 Rinku has just finished her first year of university. She wants to tour Europe when she graduates in 3 years. By having a part- time job through the school year and a summer job during the summer, she plans to make regualr weekly deposits into a savings account, which bears 15% interest, compounded monthly (Assume there are four weeks in every month for this question). (a) If Rinku deposits $10 per week, how much will she save in 3 years (Round your answer to the nearest cent eg. X.XX)?$ Number [2/7] (b) If Rinku deposits $15 per week, how much will she save in 3 years (Round your answer to the nearest cent eg. X.XX)?$ Number [2/7] (c) Exactly how much does Rinku need to deposit every week if she want to save $4,300 in 3 years (Round your answer to the nearest cent eg. X.XX)$ Number [4/7] {Please note that you may retry this assignment up to 5 times. The grade of your best attempt for the entire assignment is the one that will be recorded for this assignment.}

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