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4:52 % Assignment 5, 2020, Fall, 2020, Oct - Read-only : Read Only - You can't save changes to this f... Assignment 5 Unit 9,
4:52 % Assignment 5, 2020, Fall, 2020, Oct - Read-only : Read Only - You can't save changes to this f... Assignment 5 Unit 9, 10 Name: Email: Section: Question #1: Quarterly deposits of $2000.00 were made at the beginning of every 3 months for 10 years. If the interest is 6% compounded monthly, what amount can be withdrawn 7 years after the last deposit?. Question #2: Slick Sean contributes $500.00 at the beginning of each month into RRSP paying interest at 6.00% compounded semi-annually. What will be the accumulated balance in the RRSP at the end of 15 years? Question #3: A property was purchased for quarterly payments of $1070.00 for 9 years. If the first payment was made on the date of purchase and interest is 5.57% compounded annually, what was the purchase price of the property? Question #4: Billy Bean contributes $415.00 at the beginning of each month into RRSP paying interest at 6.25% compounded semi-annually. What will be the accumulated balance in the RRSP at the end of 14.75 years. Question #5: Determine the accumulated value after 14.5 years of deposits of $172.00 made at the beginning of every 6 months and earning interest at 4.45% compounded monthly? Question #6: Compute the nominal annual rate of interest compounded monthly at which $1500.00 deposited at the beginning of every three months for ten years will amount to $90 000.00 Question #7: III
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