Find the amount of each payment to be made into a sinking fund which earns 7% compounded quarterly and produces $32,000 at the end of 4.5 years. Payments are made at the end of each period. The payment size is $ (Round to the nearest cent.)

Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $40,000 borrowed at 3% for 10 years, with monthly payments

Find the present value of the given future payment at the specified interest rate. $7000 due in 20 years at 5% compounded annually The present value is approximately $ (Round to the nearest cent as needed.)

Suppose a 40-year old person deposits $8000 per year in an individual retirement account until age 65. Find the total in the account with the following assumption of an interest rate. (Assume quarterly compounding, with payments of $2000 made at the end of each quarter period.). Find the total amount of interest earned. 7%     The total in the account $___. (Round to the nearest CENT as needed.)