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S INIFI the end 2. What will d pay of the em .compounded monthly bww. ch w ed monthly bw.ch w ed Ir 4. Me

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S INIFI the end 2. What will d pay of the em .compounded monthly bww. ch w ed monthly bw.ch w ed Ir 4. Me m ents of were not paid for 19 months. Ir compounded the mich was 5. M y p a student bount were et S5172, with the to be detened for months How much was due to be paim d al periodifier compounded monthly 6. How much e ine luded in the future value of an air de months 7 compounded remmally the lly if the 15 years w ted contri 7. Jean shined her bank to withdraw 5120 every month Theme t If the savings account Car feed combate a wing Pounded the how much interest wall the account have earned & lame Almade ordinary antypes of $15 per month for 16 ng compounded monthly How much interest is included in the of the annuty 9. Samme for his retirement 25 years from now, Jammy Olsen set up whereby be will deporu 25 at the end of each month for the next 15 is 36 compounded monthly (a) How money will be in Mr. Olsens account on the date of his (b) How much will Mr. Olsen contribute? (c) How much will be interest 10. Aisha rabuted 300 per year for the past 10 years into an RRSP are ing 38% compounded annually. Suppose she leaves the accumulated for another five years in the RRSP at the same rate of interest (a) How much will Aisha have in total in her RRSP account (b) How much did Aisha contribute (c) How much interest will have been ested? 11 Cam ved 25 each month for the past five years while he was working busty gone back to school, his income is lower and he cannot continue this amount while studying. He plans to continue with his studies for time to and not withdraw aty money from his savings account. Money is worth 45 pounded monthly (a) How much will Cam have in total in his savings account when he finish studies (b) How much did he contribute? (c) How much will be interest? Reference Engla 12. Scott has surved $560 per quarter for the past three years in a savings account earning 5.2% compounded quarterly. He plans to leave the accumulated savings for seven years in the savings account at the same rate of interest (a) How much will Scott have in total in his savings account? (b) How much did he contribute? (c) How much will be interest? 13. To purchase a specialty guitar for his band, for the past two years J. Morrison ho made payments of 892 at the end of cach month into a savings account earning

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