Show your work.

Question 1:

An investment dealer acquired a $10,000, 182-day Province of British Columbia treasury bill on its date of issue at a price of $9,822.00. What was the annual rate of return?______________

Question 2:

A debt of $8,000 is payable in 7 years and 5 months. Determine the accumulated value of the debt at 10.8% compounded annually.________________

Question 3:

What sum of money will grow to $2,000 in seven years at 9% compounded monthly?__________________

Question 4:

A seven-year, non-interest bearing promissory note for $5,200 is discounted 3 years and 8 months before its due date at 9% compounded quarterly. Determine the proceeds of the note.

__________________

Question 5:

Five years after Amanda deposited $3,600 in a savings account that earned interest at 4.8% compounded monthly, the rate of interest was changed to 6% compounded semiannually.

How much was in the account 12 years after the deposit was made?_______________