(1) Find accumulated value of an investment of $30,000 in 7 years if interest is 7% compounded quarterly.

(2) A debt of $8500 is to be repaid with payments of $3000 in 6months and two equal payments in 9 months and 1 year. What is the size of the payments if money earns 8% compounded quarterly? Use today as your focal date.

(3) How much did you borrow 8 years ago if you now owe $18,300 and interest is 7% compounded semi-annually?

(4) Find the monthly payment on a $300,000 mortgage amortized for 25 years at 7% compounded semi-annually.

(5) How long will it take money to double at 5% compounded monthly?