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A)Benedict wants to make 8 payments of $2,250 at the beginning of every six months into his account. What amount will he have at the
A)Benedict wants to make 8 payments of $2,250 at the beginning of every six months into his account. What amount will he have at the end of the 4-year timeframe and how much will be interest earned if the interest rate is 8.65% compounded semi-annually? B)Cassandra made semi-annual deposits into a fund earning 6.8% compounded semi- annually at the beginning of every six-month period. After making deposits for nine years she noticed there was $77,820.42 in her account. What size were her deposits? Present Value of Annuity Due Simple )C)What is the present value of an annuity created with $1200 payments at the beginning of the month for 6 years and 7 months at a 3.65% compounded monthly? D)Tom converts his RRSP that was earning 5.5% compounded monthly into an RRIF. What was in his RRSP that will enable him to receive $3,000 at the beginning of every month for 10 years
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