What is the accumulated value of periodic deposits of $60 at the beginning of every quarter for 22 years if the interest rate is 2.24% compounded quarterly? Round to the nearest cent Jordan invested $1,600 at the beginning of every 6 months in an RRSP for 11 years. For the first 5 years it earned interest at a rate of 3.10% compounded semi-annually and for the next 6 years it earned interest at a rate of 5.50% compounded semi-annually. a. Calculate the accumulated value of his investment at the end of the first 5 years. $46,523.43$47,139.08$17,163.40$17,429.44 b. Calculate the accumulated value of her investment at the end of 11 years. $46,523.43$47,139.08$40,432.51$17,429.44 c. Calculate the amount of interest earned from the investment. $11,939.08$11,323.43$8,136.01$3,803.07 Since the birth of his daughter, 16 years ago, Prisha has deposited $125 at the beginning of every month into a Registered Education Savings Plan (RESP). The interest rate on the plan was 5.00% compounded monthly for the first 7 years and 4.30% compounded monthly for the next 9 years. a. What would be the accumulated value of the RESP at the end of 7 years? Round to the nearest cent b. What would be the accumulated value of the RESP at the end of 16 years? Round to the nearest cent c. What is the amount of interest earned during the 16 year period? Round to the nearest cent For 13 years, Janet saved $250 at the beginning of every month in a fund that earned 5.5% compounded annually. a. What was the balance in the fund at the end of the period? Round to the nearest cent b. What was the amount of interest earned over the period? Round to the nearest cent A contract requires lease payments of $900 at the beginning of every month for 3 years. a. What is the present value of the contract if the lease rate is 4.75% compounded annually? Round to the nearest cent b. What is the present value of the contract if the lease rate is 4.75% compounded monthly? Lauren secured a 5-year car lease at 5.60% compounded annually that required him to make payments of $883.62 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $2,000. Round to the nearest cent