You would like to have $5,000 in 4 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 3.5% compounded semiannually. a. Use one...

Extracted text: You would like to have $5,000 in 4 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 3.5% compounded semiannually. a. Use one of the formulas below to determine how much you should deposit at the end of every six months. nt P 1+ - 1 A A = P = nt b. How much of the $5,000 comes from deposits and how much comes from interest? .... a. In order to have $5,000 in 4 years, you should deposit $ 588 at the end of every six months. (Do not round until the final answer. Then round up to the nearest dollar.) b. $ of the $5,000 comes from your deposits and $ comes from interest. (Use the answer from part a to find this answer. Round to the nearest dollar as needed.)