Please complete #6

ver 14 years, Casey zing $30 to be deducted at the end of th through a payroll deduction plan The money was sent to his savings be invested 0 000 in a lottery and you want to set some of th fter 10 years, you would like to receive $2400 a me of that sum aside the end I. You won $10 gs must you set aside if int vhy 10 years. A months for 8 years. How much of your winnin 5.5% compounded quarterly? 2. A sum of money is deposited at the end of every month for 10 years 7.5% of compounded monthly. After the last deposit, interest for the account is compounded quarterly and the account is to be paid out by quarterly p 34800 over six years. What is the size of the monthly deposit? on a :s4e 0lk repaid in installments of $4000 at the end of every 6 months i 4. A car of $14 400 is to be repaid in end-o.th-quarter payments of$600 Co e the nominal annual rate of interest compounded semi-annuall 1o yean ). How 10.5% compounded quarterly? tony payments are required to repay ine loan at 5. The amount of $574 is invested monthly ompounded monthly for six year. The balance in the fund is then corvected snto an annuity paying $360 at the end ofevery three months. If interest oa iin. annuity is 5.9% compounded quarterly, for how many months is the term of the annuity? A loan was repaid over seven years by end-of-month payments of $450. If int was 12% compounded monthly, how much interest was paid? 7. Ms. Simms made deposits of $540 at the end of every three months into a sav ings account. For the first five years interest was 5% compounded quarterly. Sinc then the rate of interest has been 5.5% compounded quarterly. How much is th account balance after 13 years? t is included in the accumulated value of $3200 paid at u end of every six months for four years if the interest rate is 6.5% compound semi-annually? 9. What is the size of deposits made at the end of each period that will accumulat $67 200 after eight years at 6.5% compounded semi-annually? LEM