100$ deposited at the end of every week for five years in an account that pays 14%/a , compounded weekly what type of annuity us this find the future value of the annuity using the formula

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !