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Kiara invested $2,000 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at a rate of 4.30% compounded semi-annually and for the next 3 years it earned interest at a rate of 5.20% compounded semi-annually. a. Calculate the accumulated value of her investment at the end of the first 8 years. $57,748.94 $58,081.94 $37,715.84 O $38,526.73

Question 4 of 9 Charles invested $210,000 to purchase a home. After 14 years, he sold the home for $270,000. Calculate the effective interest rate earned on this investment. % Round to four decimal places

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A5

Module 5 - Practice QuestionMr. Jay Brown is 66 years of age and his 2020 income is made up of employmentincome of $75,800, contributed $6,500 to his RRSP. He also earned interestincome from Guaranteed Investment Certificate (GIC) of $3,700 during 2020 andreceived Old Age Security benefits of $7,400 (because of large business lossesduring the previous two years, no amount was withheld from the OAS payments).Mr. Brown and his family live in Toronto, Ontario. For 2020, Mr. Brown’semployer withheld maximum CPP ($2,898) and EI ($856) contributions. Otherinformation pertaining to 2020 is as follows:1. Mr. Brown’s spouse is 59 years old and qualifies for the disability tax credit.Her income for the year totaled $4,500.2. Mr. and Mrs. Brown have two daughters, Keith, aged 15 and Laura, aged17. Keith had income of $2,700 for the year while Laura had net income of$3,000. In September 2020, Laura began full time attendance at a Canadianuniversity. Mr. Brown paid her tuition fees of $6,000, of…

Check Progress QUESTION FINANCING AND SETTLEMENT » FINANCING LEGISLATION 32 c When a buyer goes in to apply for a loan on a new first mortgage, what must the lender give to the buyer? Glossary Terms Mortgage, ANSWERS EXPLANATION A > The broker's commission amount B > An estimate of the buyer's closing costs C> An estimate of the seller's closing costs D> A three day right of rescission document on the buyer's loan CONN ESTW ITL CI SCEPTR

Pls help on this question. Pls show all steps and complete all parts pls I beg pls pls pls pls pls pls i beg.

Subject Test Note: - You are attempting question 3 out of 12 Mr. X will retire at the age of 60 years. He wishes to have an amount of $200,000 in his account at the time of retirement. Currently he is of the age of 40 years and has an amount of $25,000 in hand. How much interest rate a bank should offer so he has the desired amount at retirement. A. 11.00% B. 10.50% C. 10.96% 12.00% Answer O A O B C Submit search

QUESTION 5 Your client is currently 21 years old. The interest rate on the funds your client has available is 3.90%. Your client can make annual contributions of $6,000 per year. Your client wishes to retire at the age of 67 and has an expected lifetime of 89. Calculate the annual payment your client can receive in retirement. O a. $47,085 O b. $50,738 O c. $54,691 O d. $58,966 O e. $63,593

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Qd 92.

Question content area top Part 1 Make an amortization table to show the first two payments for the mortgage.   Amount of mortgage Annual interest rate Years in mortgage Monthly payment ​$405,398 5.25​% 35 ​$2111.08

which one is correct please confirm? QUESTION 29 If you invest $10,000 in a 4-year certificate of deposit (CD) paying 10 percent interest compounded annually, determine how much the CD will be worth at the end of 4 years.   a. $15,958   b. $45,730   c. $13,600   d. $14,640

18 When negotiating with homeowners in foreclosure, what must you do before discussing the numbers? A O Contact the lender to open negotiations on a short sale. Tour the property with the homeowners. Get copies of their loan documents and notices from the lender. DO Build their motivation.

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march eacg Letter to the correct  number answer  to the left: 1.       Interest 2.       Monetary asset 3.       Compound interest 4.       Simple interest 5.       Annuity 6.       Present value of a single amount 7.       Annuity due 8.       Future value of a single amount 9.       Ordinary annuity 10.   Effective rate or yield 11.   Nonmonetary asset 12.   Time value of money 13.   Monetary liability     1.       ______ 2.       ______ 3.       ______ 4.       ______ 5.       ______ 6.       ______ 7.       ______ 8.       ______ 9.       ______ 10.   ______ 11.   ______ 12.   ______ 13.   ______ a.       First cash flow occurs one period after agreement begins b.       The rate at which money will actually grow during a year c.       First cash flow occurs on the first day of the agreement d.       The amount of money that a dollar will grow to e.       Amount of money paid/received in excess of amount borrowed/lent f.        Obligation to pay a sum of cash, the amount of which…