Luis was supposed to pay Cameron $6,800,6 months ago, and $1,840,5 months from now. If he wants to reschedule these payments with two payments, one payment of $3,700 today and the balance 3 months from now, calculate the balance amount. Assume that the simple interest charged is 5.25% p.a. and the 3 months from now. Include a well-labelled timeline as part of a complete solution. Round to the nearest cent Question 2 of 10 Matthew opened an RRSP account and deposited $2,200.00 into it. He then deposited $800.00 at the end of the 1 st year and $775.00 at the end of the 2 nd year, into the account. The RRSP was earning 3.50% compounded quarterly. What is the accumulated value of the investment at the end of 6 years ? Round to the nearest cent