3 les Clipboard Answer all questions. 10ES -dobe acrobat solce 1. Cheng Ho needs $530,500 in 5 years. Find the required quarterly payment into a sinking fund if funds are invested in an account earning 10% per year compounded quarterly. 2. Arman Auto Repair signed a note with a payment of $64,500 every six months for 3 years. Find the amount they must set aside today to satisfy this capital requirement in an account earning 10% compounded semiannually. 3. Every month, Samiba puts $325 into an account paying 12% compounded monthly. Find the account balance after 12 years. I 4. A note for $6500 was made at 6% per year compounded annually for 15 years. Find (a) the maturity value and (b) the present value of the note assuming 4% per year compounded semiannually. 5. Mary needs $20,500 to pay for her study fees at a university. Find the face value of a simple discount note that will provide the $20,500 in proceeds if she plans to repay the note in 210 days and the bank charges a 6.5% discount rate. 6. Aaron lends $13,800 at a rate of 9% %. Find how long it will take for her investment to earn $313 in interest? (Round to the nearest day.) 7. Paula plans to invest $8,920. Find the interest rate required for the fund to grow to $10,000 in 14 months 8. Faizul borrowed $5,130. The 67 % simple interest loan was repaid in 9 months. Find the maturity value 9. Hann Llew pays $985 for an air fryer. The original selling price was $1055, but it was marked down 35%. If operating expenses are 25% of cost, find, (a) the operating loss and, 27C Rain DE ENG 11:35 AM 11