A $$360000\mathrm{.}00$ mortgage is amortized by making monthly payments of $$2600.$ If interest is $7\mathrm{.}5\%$ compounded semi$-$annually, what is the term of the mortgage?

Compute the nominal annual rate of interest $($compounded monthly$)$ at which $$200\mathrm{.}00$ deposited at the end of each month for ten years will amount to $$30000\mathrm{.}00.$

A $$345000\mathrm{.}00$ mortgage is repaid in $19$ years by making monthly payments of $$2486\mathrm{.}44.$ What is the nominal annual rate of interest compounded semi$-$annually?

How much should you invest today into account paying $3\mathrm{.}2\%$ compounded quarterly if you want to be able to withdraw at the end of every $3$ month the amounts of money growing at a constant rate of $3\%$ for the perio of $5$ years, if the first withdrawal is to be $$100$ five years three months from now?

Calculate the present value of payments of $$100\mathrm{.}00$ made at the beginning of each quarter for ten years if the interest is $6\%$ compounded quarterly.

Bala bought mutual funds within TFSA as part of his retirement planning in $2019.$ Payments of $$500\mathrm{.}00$ will be made into the fund at the beginning of every month for $20$ years. If the fund is expected to earn interest at $8\mathrm{.}4\%$ compounded monthly, what will be the balance in the fund after $20$ years?

Gibran bought a boat valued at $$110194\mathrm{.}00$ on the installment plan. He made equal semiannual payments for $6$ years. If the first payment is due on the date of purchase and interest is $7\mathrm{.}5\%$ compounded semi$-$annually, what is the size of the semi$-$annual payments?

Amy contributed $$1011\mathrm{.}00$ at the end of every six months for $21\mathrm{.}5$ years into an RRSP earning interest at $6\mathrm{.}65\%$ compounded semi$-$annually. Seven years after the last contribution, Amy converted the RRSP into an RRIF that is to pay her equal quarterly amounts for $17\mathrm{.}25$ years. If the first payment is due three months after the conversion into the RRIF and interest on the RRIF is $7\mathrm{.}66\%$ compounded quarterly, how much will Amy receive every three months?

The local high school soccer club need to borrow to finance a new soccer field. Repayment of the loan involves payments of $$10000\mathrm{.}00$ at the end of every three months for eight years. No payments are to be made during the development period of five years. Interest is $8\%$ compounded quarterly. How much did the Achievers borrow?