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just question 2(a) plz the end of each quarter for five years at an interest rate of 4% compounded quarterly. 55040 75 2. At the

image text in transcribedjust question 2(a) plz
the end of each quarter for five years at an interest rate of 4% compounded quarterly. 55040 75 2. At the end of each quarter, A.J. Black, Ltd. placed $1500 in a special savings fund called a sinking fund. The fund earned interest at 8% compounded quarterly. a) What will be the total value of the fund at the end of five year b) How much interest will have been earned by the fund? 6.446,05 3. Bill Morton deposited $50 every six months into a fund earning interest at 5% compounded semi-annually. The first deposit was made when he was 20 years of age and the last deposit was made when he turned 25. If he leaves the fund intact, how much will he have in the fund when he is 28? (Hint: Assume eleven payments have been made into the fund.) 723.85 Define a geometric progression. Relate a geometric progression to finding the present value and future value of an annuity. You wish to withdraw $350 at the end of every six months for ten years. If the account earns interest at 5% compounded semi-annually, how much must be 7

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