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Special compound interest 1. A contract requires end-of-month payments of $175 for another 81/4 years. What would an investor pay to purchase this contract if

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Special compound interest

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1. A contract requires end-of-month payments of $175 for another 81/4 years. What would an investor pay to purchase this contract if she requires a rate of return of 3% compounded monthly. ( 2 marks ) 2. If you make 30 semiannual deposits of $2000 into a fund that earns 10% compounded quarterly. how much money will be in the fund two years after the last deposit? A. $172,275.22 ( 2 marks ) B. $171,931.59 0. $209,481.94 0. $199,387.93 E. $163,646.96 3.What is the future value of a series of 15 annual payments of $750 starting in one year and earning 7% compounded annually? ( 2 marks ) A. $6,831 B. $12,038 C. $17,673 D. $18,847 E. $32,848 4.An $1 100 investment earning 6.3% compounded annually grew to $4483.92. What was the term of the investment

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