Siran plans to contribute $850 at the start of every half year to an investment that...

 

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Siran plans to contribute $850 at the start of every half year to an investment that ears 7% compounded monthly. If Siran starts contributing on his 37th birthday, how much will he accumulate by his 60th birthday?Assume he doesn't make a contribution on his 60th birthday. For full marks your answer(s) should be rounded to the nearest cent. Future value = $ 0.00 Question 2 [5 points] For the past 24 years, Peter has contributed $7,920 to his RRSP at the end of every 12 months. The plan earned 7.40% compounded quarterly for the first 11 years and 7.60% compounded annually for the subsequent 13 years. What is the value of his RRSP today? For full marks your answer(s) should be rounded to the nearest cent. RRSP value = $ 0.00 Question 3 [5 points] Becky sold her car to Josh for $2,000.00 down and end-of-month payments of $169.20 for 3% years, including interest at 3.75% compounded monthly. What was the the selling price of the car? For full marks your answer(s) should be rounded to the nearest cent. Selling price $ 0.00 Question 4 [5 points] If an investment can earn 8.75% compounded monthly, what minimum amount of money will sustain withdrawals of $1,000 at the beginning of every half year for 17 years, 6 months? For full marks your answer(s) should be rounded to the nearest cent Present value = $ 0.00 Siran plans to contribute $850 at the start of every half year to an investment that ears 7% compounded monthly. If Siran starts contributing on his 37th birthday, how much will he accumulate by his 60th birthday?Assume he doesn't make a contribution on his 60th birthday. For full marks your answer(s) should be rounded to the nearest cent. Future value = $ 0.00 Question 2 [5 points] For the past 24 years, Peter has contributed $7,920 to his RRSP at the end of every 12 months. The plan earned 7.40% compounded quarterly for the first 11 years and 7.60% compounded annually for the subsequent 13 years. What is the value of his RRSP today? For full marks your answer(s) should be rounded to the nearest cent. RRSP value = $ 0.00 Question 3 [5 points] Becky sold her car to Josh for $2,000.00 down and end-of-month payments of $169.20 for 3% years, including interest at 3.75% compounded monthly. What was the the selling price of the car? For full marks your answer(s) should be rounded to the nearest cent. Selling price $ 0.00 Question 4 [5 points] If an investment can earn 8.75% compounded monthly, what minimum amount of money will sustain withdrawals of $1,000 at the beginning of every half year for 17 years, 6 months? For full marks your answer(s) should be rounded to the nearest cent Present value = $ 0.00