1Derek deposited $1,400 at the end of every month into an RRSP for 6 years. The interest rate earned was 5.75% compounded semi-annually for the first 4 years and changed to 6.00% compounded monthly for the next 2 years. What was the accumulated value of the RRSP at the end of 6 years?

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2Calculate the amount of money Cameron had to deposit in an investment fund growing at an interest rate of 2.50% compounded annually, to provide her daughter with $14,000 at the end of every year, for 3 years, throughout undergraduate studies.

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3How much should Samantha have in a savings account that is earning 2.25% compounded quarterly, if she plans to withdraw $1,900 from this account at the end of every quarter for 7 years?

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