1.What amount of money invested today at 3.12% compounded monthly will have an accumulated value of $479,500 in 6 years from now. Round all answers to two decimal places if necessary. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $

2.Margaret initially borrowed $7,900 from RBC Bank at 3.59% compounded monthly. After 2 years she repaid $2,370, then 5 years after the $7,900 was initially borrowed she repaid $2,844. If she pays off the debt 9 years after the $7,900 was initially borrowed, how much should her final payment be to clear the debt completely? Round all answers to two decimal places if necessary. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ Amount owed after 2 years = $ (enter a positive value) Amount owed after the first payment of $2,370 (enter a positive value): $ P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ Amount owed after 5 years = $ (enter a positive value) Amount owed after the second payment of $2,844 (enter a positive value): $ P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ Final payment (after 9 years); (enter a positive value) $

3.On August 11, 2019 a sum of $36,200.00 was deposited into an account. What would be the future value of this sum of money on January 9, 2023, if the interest rate is 3.36% compounded quarterly. (1year = 365days) Round the value for FV to two decimal places. P/Y = C/Y = DBD = days I/Y = % PV = $ PMT = $ FV = $

4.On May 26, 2025 the future value of a sum of money will be $89,300. What would be the present value of this sum of money on December 3, 2020, if the interest rate is 2.88% compounded monthly. (1year = 365days) Round the value for PV to two decimal places. P/Y = C/Y = DBD = days I/Y = % PV = $ PMT = $ FV = $

5.What is the discounted value (present value), and compound discount (interest) of a debt of $50,300.00 due 5 years from now if interest is 2.59% compounded monthly? Round all answers to two decimal places if necessary. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ Compound Discount = $

6.An investment with an initial deposit of $12,623 is growing at an interest rate of 5.28% compounded quarterly. Round all answers to two decimal places if necessary. 1. Find the accumulated amount of the investment at the end of 2 years. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ 2. The interest rate changes to 8.2% compounded semi-annually after the first 2 years. Calculate the accumulated amount in this investment at the end of 6 years. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ 3. Find the total amount of interest accumulated during the entire 6 years of the investment. Total Interest = $ (enter a positive value)