1. How many months will it take to accumulate to S18880.88 at 5.87% compounded semi annually, if $ 1234.00 is deposited in an account at the beginning of every 6 months?

2. A contract valued at $ 81500.00 requires payment of $ 2430.00 at the beginning of every 3 months. If interest is 6.5% compounded quarterly, calculate the term of this contract (round to years and months)

3. What deposit made at the beginning of each month will accumulate to S66000.00 at 5% compounded quarterly at the end of 15 years?

4. Jason bought his neighbor's farm for $ 450,000.00 down and payments of S67100.00 at the end of every six months for 7 years. What is the purchase price of the farm if the semi annual payments are deferred for four years and interest is 5.5% compounded semi annually?