Sharmayne is considering the purchase of a 5-year term deposit for $100,000 that pays an annual nominal interest rate of 9.65% compounded semi-annually. What is the approximate maturity value of Sharmayne's term deposit? (Disregard taxes) OA) $158,505.08 OB) $160,194.91 C) $161.086.58 D) $161,699.63 Page 9 of 15 An investment earns a nominal interest rate of 8.35% compounded daily. What is the annual effective rate of interest? A) 8.3500% B) 8.6151% C) 8.6771% D) 8.7075% Page 100 Charlie anticipates that he can accumulate sufficient non-registered savings to supplement his other forms of retirement income by $1,500/month after-tax, for 25 years, indexed for annual inflation of 2%. He feels he can earn a nominal return of 9% before tax and he anticipates a 30.5% marginal tax rate. How much money does Charlie require at the beginning of his retirement to support this additional stream of payments? A) $259,750.46 B) $261,001.83 C) $263,617.37 D) $280.160.17 Page 11 of 1 Wanda has a $75,000 non-registered interest-bearing investment that earns an annual nominal interest rate of 6.5% compounded annually. If Wanda's marginal tax rate is 37%, what is her approximate after-tax rate of return? A) 2.41% B) 4.10% C) 4.75% D) 6.50% Dhee 120