1-Starting six months after her grandson Robin's birth, Mrs. Devine made deposits of $200 into a trust fund every six months until Robin was eighteen years old. The trust fund provides for equal withdrawals at the end of each six months for four years, beginning six months after the last deposit. If interest is4.39%compounded semi-annually,how much will Robin receive every six months?

2-Hunan bought a car priced at $16,200 for 15% down and equal monthly payments for five years. If interest is 8% compounded monthly, what is the size of the monthly payment?

3- Jeff is saving for his retirement 21 years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $94.00 at the end of each year for the next 11 years. Interest is 5% compounded annually.

(a) How much money will be in his account on the date of his retirement?

(b) How much will Jeff contribute?

(c) How much will be interest?

4- Find the future value of the following: ordinary, simple and annuity.

Periodic Payment	Payment Interval	Term	Interest Rate	Conversion Period
$330.00	1 month	4 years	5%	monthly