1. 2012 was a leap year and On January 15, 2012, you deposited $400 in a savings account that pays 6% interest. How much will you have on November 22, 2012?

2. During the past 3 years, your investment returned 5% in the first year, 6% in the second year, lost 7% in the third year. What was the average return on investment over the past three years? If you were to invest for one more year, what is your expected return?

3. Find the maturity value of an $900, six-month promissory note dated December 31, 2011 if interest is 7%.

4. A debt of $500 accumulates at 8% compounded quarterly from April 1, 2009 to July 1, 2010, and at 10% compounded monthly thereafter. Determine the accumulated value of the debt on December 1, 2011.