After starting her new career on New Years Eve at age 20,

Last updated: 8/4/2022

After starting her new career on New Years Eve at age 20, Tessa decides to start saving up her money. Every 2 weeks she takes $30 from her paycheck and puts it in a tax free savings account (TFSA). The interest rate is 1.6% per year compounded annually. a. How much will her TFSA be worth on New Year's when she is 30 years old?