What is the principal from which $2279.00 can be withdrawn at the end of each month for 17.5 years if interest is 5.44% compounded quarterly? An installment contract for the purchase of a car requires payments of $568.60 at the end of each month for the next three years. Suppose interest is 12.0% p.a. compounded monthly. a) What is the amount financed? b) How much is the interest cost? What payment is required at the end of each quarter for 8 years to repay a loan of $20 000.00 at 6.0% compounded quarterly? Conchita Martinez saves $17.25 at the end of each month and deposits the money in an account, paying 4.96% compounded quarterly. a) How much will she accumulate in 22 years? b) How much of the accumulated amount is interest? Question 5 (4 points) Mr. Hughes has contributed $4000,00 per year for the last ten years into a RRSP account earning 9.00% compounded annually. Suppose he leaves the accumulated contributions for another five years in the RRSP at the same rate of interest. a) How much will Mr Hughes have in total in his RRSP account? b) How much did Mr. Hughes contribute? How much will be interest