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?(Complex annuity?) Upon graduating from college 40 years? ago, Dr. Nick Riviera was already thinking...

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Finance

?(Complex annuity?) Upon graduating from college 40 years? ago, Dr. Nick Riviera was already thinking of retirement. Since then he has made deposits into his retirement fund on a weekly basis in the amount of $35. Nick has just completed his final payment and is at last ready to retire. His retirement fund has earned 9.29?% interest compounded weekly.

a. How much has Nick accumulated in his retirement? account?

b. In addition to all? this, 20 years? ago, Nick received an inheritance check for $20,000 from his beloved uncle. He decided to deposit the entire amount into his retirement fund. What is his current balance in the? fund?

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