Question: Please I need help with these question :) Question 7 (1 point) Narine would like to have $13,000 in her savings account in 8.5 years

Please I need help with these question :)Please I need help with these question :) Question 7 (1 point)Narine would like to have $13,000 in her savings account in 8.5

Question 7 (1 point) Narine would like to have $13,000 in her savings account in 8.5 years time. If the account earns 4% compounded semi-annually (12), how much should she deposit in the account today in order to reach her goal. Round your answer to 2 decimal places. Your Answer: Answer Question 8 (1 point) A $20,000 face value strip bond has 12 years remaining until maturity. If the market rate of return is 3.50% compounded semiannually, what is the fair market value of the bond? Your Answer: Question 9 (1 point) A five-year $8,100 promissory note bearing interst at 6% compounded monthly (312) was sold after two years and three months. Calculate the sale price using a discount rate of 8% compounded quarterly (j4). Round your answer to 2 decimal places. Your Answer: Answer Question 10 (1 point) Erik borrowed $23,232 for 8.0 years. For the first two and a half years, the interest rate on the loan was 8.4% compounded monthly (12). The rate then became 7.5% compounded semi-annually (j2). What total amount was required to pay off the loan at the end of the term? Round your answer to 2 decimal places. Your

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