1. Shirley invested RM60 every month, beginning 30 April 2015 into an account that pays 9% compounded monthly. Find the amount in the account immediately after she deposited the last RM60 on 30 September 2018.

2. The table below shows the monthly deposits that were made into an investment account by John.

Year Monthly deposits

2011 RM500

2012 RM400

2013 RM700

Find the value of his investment at the end of 2013 if the investment rate is 12% compounded monthly.

3. Find the amount that must be deposited at the end of each month at 5.5% compounded monthly for two years so as to accumulate RM2000.

4. Marianna borrowed RM100,000 at 4% compounded monthly. She has to repay the loan by making 60 monthly payments.

a)Find her monthly payments.

b)If she has not paid her first 15 monthly payments, how much should she pay on her 16th payment to settle all outstanding arrears?

5. David wants to go to a university to complete the course in four years' time. He estimates that he needs RM40,000 to finish the course. How much must he invest in a bank every month for the next four years at 9% compounded monthly to accumulate the stated amount?