1. Every six months, Sally puts $1100 into an account paying 6% compounded semi-annually. Find the account balance after 15 years. (2 Marks) 2. Jebon Sdn. Bhd. signed a note with a payment of $10,500 per quarter for 3 years. Find the amount the business must set aside today to satisfy this capital requirement in an account earning 4% compounded quarterly. (2 Marks) 3. Four Seasons Sdn. Bhd. needs $115,000 in 3 years. Find the required quarterly payment into a sinking fund if funds are invested in an account earning 8% per year compounded quarterly. (2 Marks) 4. A business worth $440,000 is expected to grow at 10% per year compounded annually for the next 3 years. Find: a. the expected future value. (2 Marks) b. if funds from the sale of the business today would be placed in an account yielding 4% compounded semiannually, what would be the minimum acceptable price for the business at this time? (2 Marks)