Question list

Question $1$

Question $2$

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Question $4$

Question $5$

Question $6$

An investor needs $$17,000$ in $9$ years.

$($a$)$ What amount should be deposited in a fund at the end of each quarter at $9\%$ compounded quarterly so that there will be enough money in the fund?

$($b$)$ Find the investor's quarterly deposit if the money is deposited at $5\mathrm{.}5\%$ compounded quarterly.

$($a$)$ The deposit should be $$.$

$($Do not round until the final answer. Then round to the nearest cent as needed.$)$

$($b$)$ The deposit should be $

$($Do not round until the final answer. Then round to the nearest cent as needed.$)$