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1. (4.50 points) An investor makes deposits of 250 each every 2 months from March 1, 2007 to January 1, 2018, inclusive. (a) Find the

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1. (4.50 points) An investor makes deposits of 250 each every 2 months from March 1, 2007 to January 1, 2018, inclusive. (a) Find the value of this series of payments on March 1, 2007 if it is as- sumed that a nominal annual interest rate of 2.4% compounded six times per year until the sixth payment and a nominal annual discount rate of 3% com- pounded quarterly starting just after the sixth payment. (b) Find the value of this series of payments on May 1, 2015 just after the deposit of 250 was made at annual force of interest S= 0.05. 1. (4.50 points) An investor makes deposits of 250 each every 2 months from March 1, 2007 to January 1, 2018, inclusive. (a) Find the value of this series of payments on March 1, 2007 if it is as- sumed that a nominal annual interest rate of 2.4% compounded six times per year until the sixth payment and a nominal annual discount rate of 3% com- pounded quarterly starting just after the sixth payment. (b) Find the value of this series of payments on May 1, 2015 just after the deposit of 250 was made at annual force of interest S= 0.05

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