1) How much should you invest at 4% for 22 months to have $2000 at the end of that period? (Round your answer to the nearest cent.) 2)Sandi wants to buy a $500 television set in 9 months. How much should she invest at 7% simple interest now to have the money then? (Round your final answer to two decimal places.) 3) $5300 is invested at 5% compounded annually. What is the amount of the account at the end of 3 years? (Round your answer to the nearest cent.) 4)A store has an interest rate of 1.5% per month on the unpaid balance of charge accounts. (Interest is compounded monthly.) A customer charges $140 but allows it to become 8 months overdue. What is the bill at that time? (Round your final answer to two decimal places.) 5)Hank and Gretel want to put money in a savings account now so that they will have $2400 in 3 years. The savings bank pays 4% interest compounded quarterly. How much should Hank and Gretel invest? (Round your final answer to two decimal places.) 6)A woman buys an investment that pays 8% compounded semiannually. She wants $60,000 when she retires in 10 years. How much should she invest? (Find the present value.) (Round your final answer to two decimal places.) 7)Jody invests $2500 at 4.5% interest and plans to leave it for 10 years. (Round your final answers to two decimal places.) (a) Find the value after 10 years if the interest paid is simple interest. (b) Find the value after 10 years if the interest paid is compounded quarterly. 9)Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $14,000 deposited annually at 6% for 15 years 10)Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $400 deposited semiannually at 6.4% for 12 years 11)The amount (future value) of an ordinary annuity is given. Find the periodic payment. (Round your final answer to two decimal places.) A = $24,500, and the annuity earns 4% annual interest compounded monthly for 10 years. 13)A couple pays $400 at the end of each 6 months for 4 years into an ordinary annuity paying 6% compounded semiannually. What is the future value at the end of 4 years? (Round your final answer to two decimal places.)

1) How much should you invest at 4% for 22 months to have $2000 at the end of that period? (Round your answer to the nearest cent.) 2)Sandi wants to buy a $500 television set in 9 months. How much should she invest at 7% simple interest now to have the money then? (Round your final answer to two decimal places.) 3) $5300 is invested at 5% compounded annually. What is the amount of the account at the end of 3 years? (Round your answer to the nearest cent.) 4)A store has an interest rate of 1.5% per month on the unpaid balance of charge accounts. (Interest is compounded monthly.) A customer charges $140 but allows it to become 8 months overdue. What is the bill at that time? (Round your final answer to two decimal places.) 5)Hank and Gretel want to put money in a savings account now so that they will have $2400 in 3 years. The savings bank pays 4% interest compounded quarterly. How much should Hank and Gretel invest? (Round your final answer to two decimal places.) 6)A woman buys an investment that pays 8% compounded semiannually. She wants $60,000 when she retires in 10 years. How much should she invest? (Find the present value.) (Round your final answer to two decimal places.) 7)Jody invests $2500 at 4.5% interest and plans to leave it for 10 years. (Round your final answers to two decimal places.) (a) Find the value after 10 years if the interest paid is simple interest. (b) Find the value after 10 years if the interest paid is compounded quarterly. 9)Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $14,000 deposited annually at 6% for 15 years 10)Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $400 deposited semiannually at 6.4% for 12 years 11)The amount (future value) of an ordinary annuity is given. Find the periodic payment. (Round your final answer to two decimal places.) A = $24,500, and the annuity earns 4% annual interest compounded monthly for 10 years. 13)A couple pays $400 at the end of each 6 months for 4 years into an ordinary annuity paying 6% compounded semiannually. What is the future value at the end of 4 years? (Round your final answer to two decimal places.)