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###### Calculate the future value of a savings account for a S600 quarterly deposit where annual interest is compounded quarterly at 5.6% for 3 years: (3)You decide that you want to have S100 000 in the bank 20 years from now: What will be your regular monthly deposits into a bank account that offers 3% annual interest compounded monthly: (3)Every six months, you deposit S750 into a charitable savings account that will pay 7% interest compounded semi-annually: How much is in the account in 4 years? How

Calculate the future value of a savings account for a S600 quarterly deposit where annual interest is compounded quarterly at 5.6% for 3 years: (3) You decide that you want to have S100 000 in the bank 20 years from now: What will be your regular monthly deposits into a bank account that offers 3% annual interest compounded monthly: (3) Every six months, you deposit S750 into a charitable savings account that will pay 7% interest compounded semi-annually: How much is in the account in 4 years? How much interest was earned? (4)

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