BUS1212 Applied Activity- Week 11 (Set A) Q:1) A student bought a rental property for $30000.00 down and monthly payments of $1100.00 for 5 years. What is the equivalent cash price if money is worth 5.25% compounded semi-annually? Q :2) Payments of $500.00 are made at the beginning of each month for four years. The interest rate is 4.5% compounded monthly. If no further deposits are made a) Calculate the accumulated value twelve years after the first deposit. b) Calculate the amount deposited. c) Calculate the interest. Q:3) Barbara borrowed $12000.00 from the bank at 9% compounded monthly. The loan is amortized with end-of-month payments over five years. a) Calculate the interest included in the 20 th payment. b) Calculate