1) For a sum of money invested at 8.4% compounded monthly for 10 years state the following values.

(a) the number of compounding periods

(b) the periodic rate of interest

(c) the compounding factor (1+i)n

(d) the numerical value of the compounding factor

2) Find the future value of the following investment.

Principal	Nominal Rate	Frequency of Conversion	Time
$7210.00	2.7%	monthly	6 years

3) A demand loan of $6000.00 is repaid by payments of $3000.00 after two years, $3000.00 after four years, and a final payment after six years. Interest is 9% compounded semi-annually for the first two years, 10% compounded quarterly for the next two years, and 10% compounded monthly thereafter. What is the size of the final payment?