Sanchez placed $11114 into a five-year interest payout GIC at 4.2% compounded monthly. Calculate the interest payout amount every month. Select one: a. none b. 388.99 c. 38.90 O d. 594.60

If $650 000 is saved for retirement, what rate of interest, compounded monthly, will provide payments of $3750 every month for the next 25 years? Select one: O a. 14.606797% O b. 0.811327% O c. 4.888702% O d. 4.867963%

Certain Concrete Company deposits $2,000 at the end of each quarter into an account paying 11% interest compounded quarterly. What is the value of the account at the end of  7 1/2 1 2  years? (a) State the type. A. present valueB. ordinary annuity    C. sinking fund D. amortization E. none of these (b) Answer the question. (Round your answer to the nearest cent.)

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Cameron deposited $1,400 at the end of every month into an RRSP for 8 years. The interest rate earned was 3.50% compounded semi-annually for the first 3 years and changed to 3.75% compounded monthly for the next 5 years. What was the accumulated value of the RRSP at the end of 8 years? $0.00 Round to the nearest cent

At the end of each quarter, Patti deposits $1,200 into an account that pays 10% interest compounded quarterly How much will Patti have in the account in five years? (EV of $1. PV of $1. EVA of S1, and PVA of 5) (Use appropriate factor(s) from the tables provided) Multiple Choice $30.654 $36.654 $31854 $30,854

John deposits Ghs|250 at the of each month for 5 years account that credits interests at a nominal rate of 6% pe annum compounded monthly .How much is in his account on the date of the last deposit?.