1) A loan of $1613 borrowed today is to be repaid in three equal installments due in one-and-a-half years, three years, and six years, respectively. What is the size of the equal installments if money is worth 6.1% compounded quarterly?

2)Find the proceeds of a promissory note with a maturity value of $1300 due on July 31,2023,discounted at 2.6% compounded monthly on June 30, 2019.

3) What is the accumulated value of $1000 invested for 17 years at 5.9% p.a. compounded:

(a) annually?(b) semi-annually?(c) quarterly? (d) monthly?