1a) How much money should Helen invest today in a fund that earns interest at 4.02% compounded quarterly, if she wants to receive $6,000 at the end of every 6 months for the next 7 years?

Round to the nearest cent

b)

Helen invested $130 at the end of every month into an RRSP for 14 years. If the RRSP was growing at 3.70% compounded quarterly, how much did she have in the RRSP at the end of the 14-year period?

Round to the nearest cen