Alberta Holdings offers a savings account at $1\mathrm{.}2\%$ compounded monthly while Brunswick Savings of$-$

fers premium savings at $1\mathrm{.}236\%$ compounded yearly. Suppose you have $$8,100\mathrm{.}00$ to invest for two years.

Which deposit will earn more interest and what is the difference in interest earned?

At what nominal rate of interest compounded semi$-$annually will $$5,900$ earn $$7,400$ interest in sixteen

years?

In how many days will $$770\mathrm{.}00$ grow to $$880\mathrm{.}00$ at $11\mathrm{.}5\%$ p$.$a$.$ compounded monthly?

An $11-$year $$8,000\mathrm{.}00$ promissory note, with interest at $8\mathrm{.}4\%$ compounded monthly, is discounted at

$6\mathrm{.}5\%$ compounded semi$-$annually yielding proceeds of $$14,631\mathrm{.}15.$ How many months before the due date

was the date of discount?

How much interest is included in the accumulated value of $$250$ paid at the end of every month for $5$

years if the interest rate is $4\mathrm{.}0\%$ compounded monthly?

The Colgates bought a rental property valued at $$125,000\mathrm{.}00$ by paying $25\%$ down and mortgaging the

balance over $21\mathrm{.}5$ years through equal payments at the end of each quarter at $8\mathrm{.}6\%$ compounded quarter$-$

ly$.$ What was the size of the quarterly payments?

What is the term of a mortgage of $$235,000\mathrm{.}00$ repaid by monthly payments of $$2,475\mathrm{.}00$ if interest is

$7\mathrm{.}55\%$ compounded monthly?

How many quarterly payments will it take for $$400\mathrm{.}00$ deposited at the end of each quarter to amount

to $$11453\mathrm{.}40$ at $6\%$ compounded quarterly?

In what period of time could you pay back a loan of $$13,900\mathrm{.}00$ by making monthly payments of

$$296\mathrm{.}00$ if interest is $6\mathrm{.}5\%$ compounded monthly?