1- choose correct answer:

A sales contract requires 10 semiannual payments of $2,500 made at the end of every six months. What amount will a finance company pay for the contract on the date of the sale to yield a rate of return of 15% compounded quarterly?

$30,998.91

$35,604.16

$17,050.56

$20,601.87

$25,215.94

How much will be in an investment plan after 25 years of $300 end of month deposits if interest is earned at 4.5% compounded semiannually?

		$164,888.62
		$165,899.40
		$10,553,229.51
		$13,107.17
		$54,203.19