Please help me answer these EQUIVALENT PAYMENTS PROBLEMS

Natalie opened an RRSP account and deposited $2,600 into it. She then deposited $700 at the end of the 1st year and $775 at the end of the 2nd year, into the account. The RRSP was earning 2.50% compounded quarterly.

a. What is the accumulated value of the investments at the end of the 2nd year?

$____

Round to the nearest cent

b. What is the accumulated value of the investment at the end of 7 years?

$____

Round to the nearest cent

Question 4 of 5

How much more or less money would you have to invest today to have $8,500 in 3 years at 6.20% compounded monthly instead of 6.36% compounded annually?

$_____

Express the answer with a positive sign if more needs to be invested or negative sign for less, rounded to two decimal places

Question 5 of 5

Eric was supposed to make a payment of $2,250 in 2 years and another payment for $700 in 4 years to Loon Company as part of a payment plan.

Instead, he is trying to reach an agreement with the company where he would pay an upfront amount now, and an amount of $1,100 in 6 years. Assume that money is worth 7.20% compounded quarterly.

a. Calculate the equivalent value of the $2,250 payment and the $700 payment today.

$____

Round to the nearest cent

b. Calculate the upfront amount that he should pay under the alternative payment agreement so that the payments are equivalent.

$____

Round to the nearest cent