Q1\ A couple bought some stock for $50 per share that pays an annual dividend of $2.50 per share. After 2 years the price of the stock was $55.

(a) What is the return on investment?% (b) Find the simple interest rate on the growth of their investment.

Q2\With a present value of $130,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 7.4%, compounded quarterly? (Round your answer to the nearest cent.)

Q3\ A year-end bonus of $21,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.24%, compounded monthly? (Round your answer to the nearest cent.) $

Q4\Find the present value of an annuity of $2000 per year at the end of each of 8 years after being deferred for 5 years, if money is worth 6% compounded annually. (Round your answer to the nearest cent.)

Q5/Find the future value of an ordinary annuity of $4,000 paid quarterly for 2 years, if the interest rate is 5%, compounded quarterly. (Round your answer to the nearest cent.)

Q6\If $12,000 had been invested in a certain investment fund on September 30, 2008, it would have been worth $54,556.33 on September 30, 2018. What interest rate, compounded annually, did this investment earn? (Round your answer to two decimal places.)

Q7/ Write an expression that gives the requested term.

The 11th term of the geometric sequence with first term 8 and common ratio 3

a₁₁ =

Q8\ A couple bought some stock for $50 per share that pays an annual dividend of $2.50 per share. After 2 years the price of the stock was $55.

(a) What is the return on investment? % (b) Find the simple interest rate on the growth of their investment. %