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a. You plan to make five deposits of $1000 each,one every 6 months,with the first payment being made in 6 months. You will then make

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a. You plan to make five deposits of $1000 each,one every 6 months,with the first payment being made in 6 months. You will then make no more deposits. If the bank pays 4% nominal interest, compunded semiannually,how much money will be in your account after 3 years? Do not round inteediate calculations. Round your answer to the nearest cent.
b. one year from today you must make a payment of $6000. To prepare for thus payment, you plan to make two equal quaterly deposits (at the end of Quarters 1 and 2) in a bank that pays 4% nominal interest compounded quarterly. How large must eacg of the two paykents be? Do jot round intermediate calculations. Round your answer to the nearest cent.
Youporta ve deposits of 1,000, ne every weet home or the be in your counter 3 years? De not rund und one year on you must payment of $6,000. Top then you do Quare not pays How mustach of the payment be? De not run intermedtection Hound you to their You are post of $1,000, or every month, with the first made in the makere more posts. If the brain interest.com be in your counter andere round stermediate action and your or to the restent 3 One yew from today you must make a payment ,000. To prepare for the payment, you plan to make twarty deposited the end of Quarters and in a bank tops 45 mins to compounded quarterly warge must payment and intermedia. Round your answer to the nearest cent. wa mwepousofonare very month, we the intenteng made in month, with no more deposits the repeytt, men in your account years? Do mermedtection for your own Une pour rem today you must make a payment. To prepare to the payment, you plan to make tw equal terly pets (at the end at Quarter 2) na tone that pays nomine interest compounds wery How much in two payments De not round information Hound you to the nearest con the doors 11.000 states in your eyes and you desta treba paminerat comes to much years.000. Terror party parts the top not rund um De quarter

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