1. John deposits $100 at simple interest rate i per annum. At the end of 10 years, he has $150 in his account. Barry deposits $100 at interest 2i compounded monthly. How much is in Barry's account at the end of 10 years? 2. A 10-year loan of $10,000 with monthly payments based on a 12% interest convertible monthly, is being repaid by paying the interest every month and accumulating the principle by means of monthly deposits into a sinking fund. The sinking fund earns 6% compounded monthly. What are the total monthly payments needed to pay back the loan? 3. Barry Husowitz has bought a new car and requires a loan of $20,000 to pay for it. The car dealer offers Barry monthly payments for 3 years, starting one month after purchase, with an interest rate of 12% compounded monthly. Find Barry's monthly payment. 4. A $20,000 loan is to be repaid with annual payments at the end of each year for 10 years. If the annual interest is 10% approximate the outstanding loan balance immediately after the fourth payment? 5. A $20,000 loan is to be repaid with annual payments at the end of each year for 12 years. If annual interest is 19% calculate the outstanding balance for the loan balance immediately after the second payment precisely by an amortization schedule. 6. You deposit $100 at the end of each of the next 5 years and $200 at the end of the five following years. If i=0.06 (6% compounded annually), find the accumulated value or future value in 10 years