New Tab X WP ACC220 Lab #6 - Win X WP NWP Assessment Pla X Google Dich Content X Mail - Phuong Le - Ou X Vretta X File | file:///Users/phuong/Downloads/Test%232-Annuities-Make-Up%20(1).pdf . . . E Vretta 1 / 3 100% + Question 2 of 8 Maria receives $5,000 at the end of every half-year for 12 years for money that she loaned to a friend at 4.58% compounded semi- annually. a. What type of annuity is this? a. Ordinary simple annuity 1 b. Ordinary general annuity c. Simple annuity due d. General annuity due b. How many payments are there in this annuity? 2 Round up to the next paym - Question 3 of 8 3 When Sean retires in 13 years, he wants to receive $1,250.00 payments at the start of every month for 27 years from his RIF that earns 2.30% compounded semi-annually. What beginning of quarter deposits does Sean have to make into his RRSP that earns 2.70% compounded quarterly for the 13 years until he retires? PMT = Round to the nearest centNew Tab X WP ACC220 Lab #6 - Win X WP NWP Assessment Pla X Google Dich Content X Mail - Phuong Le - Ou X Vretta X File | file:///Users/phuong/Downloads/Test%232-Annuities-Make-Up%20(1).pdf . . . E Vretta 1 / 3 100% + Question 1 of 8 Since the birth of her daughter, 16 years ago, Megan has deposited $190.00 at the beginning of every month into an RESP. The 1 interest rate on the plan was 4.30% compounded monthly for the first 10 years and 5.30% compounded monthly for the next 6 years . a. Calculate the value of the fund today (the end of a 16-year term). Round to the nearest cent 2 b. How much of this is interest? - Round to the nearest cent Question 2 of 8 3 Maria receives $5,000 at the end of every half-year for 12 years for money that she loaned to a friend at 4.58% compounded semi- annually. a. What type of annuity is this? a. Ordinary simple annuity b. Ordinary general annuity c. Simple annuity due