Dalya purchased a $500 compound-interest GIC when the rate was 8.75% per annum, how much will it be worth in 5 years if the GIC compounds monthly? For full marks your answer(s) should be rounded to the nearest cent. Future value = ?

A trust company offers 2-year compound-interest GICs earning annual interest of 4.90% compounded semi-annually or 4.70% compounded monthly. Which rate should an investor choose?

Dalya invests $50,000 in a three-year escalator interest GIC earning interest of 8.40% the first year, 10.50% the second year, and 12.60% the third year, compounded monthly. What is the maturity value of the GIC? For full marks your answer(s) should be rounded to the nearest cent. Maturity Value = ?

Becker Machinery sold some equipment for $2,000 and established a promissory note requiring 8% compounded quarterly, and due in 2 years. After 1 year, the note was sold to a finance company at a discount rate of 21.60% compounded monthly. What are the proceeds of the sale? For full marks your answer(s) should be rounded to the nearest cent. Proceeds = $0.00

What amount 12 months ago is equivalent to $2,600, 1 years from now if money earns 7.25% compounded semi-annually during the intervening time? For full marks your answer(s) should be rounded to the nearest cent. Amount = $0.00

Aida borrowed money from Zoe and agreed to pay back $600 today and $400 in 10 years. If Aida has a lot of money available now and wants to pay back the loan today, how much money would she have to pay Zoe if the loan was at 9% compounded monthly? For full marks your answer(s) should be rounded to the nearest cent. Full payment amount = $0.00