Lisa receives $1,700 from an investment at the beginning of every half-year for 15 years at 3.50% compounded quarterly. a. What type of annuity is this? Ordinary simple annuity Ordinary general annuity Simple annuity due General annuity due b. How many payments are there in this annuity? How much should Heather have in a savings account that is earning 3.25% compounded monthly, if she plans to withdraw $1,900 from this account at the end of every month for 4 years? Round to the nearest cent Jacob saved $140 at the end of every month for 4 years in her bank account that earned 6.50% compounded monthly. a. What is the accumulated value of her savings at the end of the period? $7,470.52 $7,650.99 $59,162.83 $930.99 b. What is the interest earned over the period? Calculate the amount of money Lisa had to deposit in an investment fund growing at an interest rate of 4.50% compounded annually, to provide her daughter with $14,500 at the end of every year, for 2 years, throughout undergraduate studies. Round to the nearest cent Derek deposited $1,300 at the end of every month into an RRSP for 7 years. The interest rate earned was 5.25% compounded semi-annually for the first 5 years and changed to 5.50% compounded monthly for the next 2 years. What was the accumulated value of the RRSP at the end of 7 years? Round to the nearest cent