Question: PLEASE ANSWER ALL QUESTIONSWITH EXPLAINATION QUESTION 1 How much will Davud's registered retirement savings deposit of $36,000.00 be worth in 8 years at 7% compounded
PLEASE ANSWER ALL QUESTIONSWITH EXPLAINATION



QUESTION 1 How much will Davud's registered retirement savings deposit of $36,000.00 be worth in 8 years at 7% compounded monthly? O a $67,921.75 O b. $95,238.75 O c. $67,924.75 O d. $62,291.75 O e. $63,020.83 QUESTION 3 Find the present value of the following ordinary annuity: Periodic Payment: $1,700 Payment Interval: bi-monthly (every two months, 6 times/year) Term: 7 years Interest Rate: 1.25% Conversion Period: semi-annually O a $74,529.13 O b. $68,303.60 O c. $66,696.45 O d. $53,135.54 O e. $66,396.45 QUESTION 8 What is the discounted value of $5,800.00 paid every 12 months for 13 years if interest is 2.62% compounded semi-annually? O a $108.709.82 O b. $88,566.95 O c. $63,168.86 O d. $88,563.95 O e. $79,529.04
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