10. 11. 12. 13. 14. 15. In what period of time could you pay back a loan of $13 900.00 by making monthly payments of $2 96.00 if interest is 6.5% compounded monthly? What is the accumulated value of deposits of $2000.00 made at the end of every year for three years if interest is 6.00% compounded quarterly? What is the discounted value of $4760.00 paid at the end of each year for 7 years if interest is 6.52% compounded quarterly? A $ 120 000.00 mortgage is amortized over 25 years. If interest on the mortgage is 8.5% compounded semi-annually, calculate the size of monthly payments made at the end of each month. How much must be contributed into an RRSP at the end of each year for 37 years to accumulate to $213 000.00 if interest is 8.04% compounded quarterly? How many deposits of $6100.00 made at the end of every 6 months are needed to accumulate to $172 000.00 at 5.24% compounded quarterly