922. LOO Sasha promised to pay $3000 in 21/2 years and $5000 in five years. If she replaces those payments with a payment of $4000 in four years and three months, and money is worth 10% compounded quarterly, when should she make the second payment of $6000? 11. LOQ Glenn has made contributions of $250 at the end of every 3 months into an RRSP for 10 years. Interest for the first 10 years was 4% compounded quarterly. a. What is the amount in the RRSP after the first 10 years? b. After the first 10 years, Glenn stopped making contributions. The interest rate changed to 5% compounded monthly. How much will Glenn have in his RRSP three years after the last contribution? c. Suppose Glenn then decides to withdraw the money from his RRSP. How much will he be able to withdraw in monthly amounts over the next 10 years? 10. Joy would like to receive $6000 at the end of every 3 months for 10 years after her retirement. If she retires now and interest is 6.5% compounded semi-annually, how much must she deposit into an account? 922. LOO Sasha promised to pay $3000 in 21/2 years and $5000 in five years. If she replaces those payments with a payment of $4000 in four years and three months, and money is worth 10% compounded quarterly, when should she make the second payment of $6000? 11. LOQ Glenn has made contributions of $250 at the end of every 3 months into an RRSP for 10 years. Interest for the first 10 years was 4% compounded quarterly. a. What is the amount in the RRSP after the first 10 years? b. After the first 10 years, Glenn stopped making contributions. The interest rate changed to 5% compounded monthly. How much will Glenn have in his RRSP three years after the last contribution? c. Suppose Glenn then decides to withdraw the money from his RRSP. How much will he be able to withdraw in monthly amounts over the next 10 years? 10. Joy would like to receive $6000 at the end of every 3 months for 10 years after her retirement. If she retires now and interest is 6.5% compounded semi-annually, how much must she deposit into an account