Peter was receiving rental payments of $3500 at the end of each month from his tenants of his commercial property. What would be the value of his property in the market if he wants to sell it, assuming money earns 5.9% compounded semi-annually?

A scholarship fund is to be set up to provide monthly scholarship of $830. If the first payment is due in 2 years and interest is 6.2% compounded quarterly, what sum of money must be deposited in the scholarship fund today?

How much can be paid in scholarship at the beginning of each quarter if $290000 is deposited in a trust fund if interest is 4.6% compounded quarterly?

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