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10. Aida pays $1000 at the end of everythree months for 5 years and 9 months towards her student loan at 4% compounded qua rterly. Michael pays $246.50 for a car lease at the beginning of every month for four years at 0.9096 compounded monthly. Melinda pays $1800 for a loan at the beginning of every quarter for two years at 7% compounded quarterly. Afsoon deposits $300 at the end of every month for 20 years in a retirement fund at 2.5% compounded semiannually. Kapil receives $1500 at the end of every month for 15 years from a retirement fund at 4% compounded semiannually. Armas contributes $1000 at the beginning of every month into an RRSP (Registered Retirement Savings Plan} earning 4% compounded annually. After ten years, she converts the HHS]? to a RRIF {Registered Retirement Income Fund] that earns 6.5% compounded semiannually and withdraws $2850 at the end of every month from this fund for the next ve years. Marcie deposits $1850 at the beginning of every month into an RRSP earning 3.5% compounded semi-annually. After ve years, she converts the RESP to an RRIF that earns 3.75% compounded quarterly and withdraws $3560 at the end of everyr month from this fund for the next three years