1. On July 15, Ali joined a gulf club. His bank will automatically deduct BD 190 from his checking account at the end of each month, and deposit it into his gulf club account, where it will earn 8% annual interest. The account comes to term on October 7. Find the following:

a. Find the future value of Alis gulf club account.

b. Find Alis total contribution to the account.

c. Find the total interest earned on the account.

2. Layal wants to have BD 33000 in her account by the end of 13 years and 6 months. How much should she invest today in the bank paying 7% quarterly?

3. Nada recently set up a tax-deferred annuity to save for her retirement. She arranged to have BD 110 taken out of each of his monthly checks; it will earn 11% annual interest. She just had her 26 birthday, and her ordinary annuity comes to term when she is 66. Find the following:

a. Find the future value of Nadas annuity.

b. Find Nadas total contribution to the annuity.

c. Find the total interest earned on the annuity.

4. If BHD 16000 is invested on July 20, 2019 at 8% interest compounded semi-annually, find the maturity value and the compound interest on November 13, 2019.