I. How much did Eric deposit every month in his savings account if he had $13,000 after 27 month-end deposits? The money in his savings account was growing at 3.33% compounded monthly.

ii. Jordan's retirement fund has an accumulated amount of $40,000. If it has been earning interest at 4.93% compounded monthly for the past 17 years, calculate the size of the equal payments that he deposited at the beginning of every 3 months.

iii.You invested $8,500 at the end of each half-year for 6 years in an investment fund. At the end of year 6, if the balance in the fund was $118,000, what was the nominal interest rate compounded semi-annually?

iv.Month-end payments of $1,500 are made to settle a loan of $146,500 in 9 years. What is the effective interest rate?

iiv.The value of a 8 year lease that requires payments of $550 made at the beginning of every month is $50,300. What is the nominal interest rate compounded monthly?