1. Jane deposited $2200 in his savings account last year and earned $60 in interest. She has decided to leave the $60 in the account so that he can earn interest on the $60 this year. Assuming the interest rate does not change, how much will be the interest earned on her account this year (compound interest)?

2. Starting from one year from today, you deposit $4000 per year for 35 years until you retire. Assuming an annual interest rate of 9.12 percent, how much will you have when you retire?

3. XYZ Inc has a bond with a par value of $1000. It pays semi-annual coupon payments of $34 (every six months). What is the (annual) coupon rate on the bonds?

4. Starting one month from today, you plan to deposit $13 each month into an account that will earn 0.6 percent per month. How many months will it be until you have $349.5 for a game console?