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Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4 years. Round to the nearest cent How much should

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Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4 years. Round to the nearest cent How much should Austin have in a savings account that is earning 4.50% compounded quarterly, if he plans to withdraw $2,400 from this account at the end of every quarter for 9 years? Round to the nearest cent Zachary deposits $350 at the end of every quarter for 4 years and 6 months in a retirement fund at 3.20% compounded monthly. a. What type of annuity is this? Ordinary simple annuity o Ordinary general annuity Simple annuity due General annuity due b. How many payments are there in this annuity? Round up to the next payment How much money should Shane invest today in a fund that earns interest at 4.56% compounded quarterly, if he wants to receive $6,250 at the end of every 6 months for the next 6 years? Round to the nearest cent Falco Inc. financed the purchase of a machine with a loan at 3.49% compounded quarterly. This loan will be settled by making payments of $8,000 at the end of every quarter for 8 years. a. What was the principal balance of the loan? 000 $0.00 Round to the nearest cent Print b. What was the total amount of interest charged? Round to the nearest cent Allison contributed $900 at the end of every 3 months into an RRSP fund earning 2.80% compounded quarterly for 9 years. a. What is the future value of the fund at the end of 9 years? $0.00 Round to the nearest cent b. What is the amount of interest earned over this period? Round to the nearest cent

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