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(a)Jhon invested $ 2100 at the beginning of every six month in an RRSP for 11 year. for the first 6 year it earn interest at a rate of 4.30% compounded semi- annually and for the next 5 year it earned interest at a rate of 6.70% compounded semi-annually. Calculate the Accumulated value of her investment after the first 6 year.

Options are:-

(i) $29,014.84 (ii) $19,014.84 (ii) $22,014.84

(b) A Property worth $50000 can be purchased for 20% down and quarterly mortgage payments of $1000 for 25 year. What is nominal rate of interest Compounded monthly is Charged.