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# Quesiton.1 What is the accumulated value of deposits of \$1120.00 made at the end of every six months for three years if interest is 8.48% compounded

Quesiton.1

What is the accumulated value of deposits of \$1120.00 made at the end of every six months for three years if interest is 8.48% compounded quarterly?

Question2.

What is the accumulated value after 11.25 years of monthly deposits of \$415.00 earning interest at 5.56% compounded semi-annually if the deposits are made at the end of each month?

Quesiton3.

What is the principal from which \$279.00 can be withdrawn at the end of each month for 17.5 years if interest is 5.44% compounded quarterly?

Question4.

For her daughter's university education, Carla Hackl has invested an inheritance in a fund paying 9.2% compounded quarterly. If ordinary annuity payments of \$4750.00 per month are to be made out of the fund for 5 years and the annuity begins 7.75 years from now, how much was the inheritance?

Question5.

A 22-year mortgage is repaid by payments of \$1761.50 made at the end of each month. If interest is 9.65% compounded semi-annually, what is the mortgage principal?

Question6.

Calculate the amount of money that must be deposited at the end of every three months into an account paying 6% compounded monthly to accumulate to \$12 500.00 in ten years?

Question7.

How much must be deposited at the end of each quarter for 5 years to accumulate to \$27 000.00 at 6.84% compounded monthly?

Question8.

How much must be deposited at the end of each month for 10 years to accumulate to \$100 000.00 at 6.00% compounded yearly?

Question9.

A loan of \$40 000.00 is to be repaid by equal quarterly payments for 5 years. What is the size of each semi-annual payment if the interest is 5.00% compounded annually?

Quetion10.

A mortgage of \$198 000.00 is to be repaid by payments over 22.5 years. If the payments are made at the end of each month and interest is 8.75% compounded semi-annually, what is the size of the monthly payments?

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