Calculate the total interest amount earned on $9250 if it is invested for 54 months at 7.2% p.a. compounded rate of interest.

$5000 is kept in a growth fund that promises 9.9% compounded rate of interest for 5 years. But after 5 years, due to marked fluctuations, only the value of 8.75% was realized. What is the deficit due to this market correction, to the nearest dollar?

What sum of money should be invested for 2 years at 6% p.a. compounded rate of interest so that the total return is $15000 (to the nearest dollar)?

Calculate the compound interest earned on $6700 at 8.8% p.a. interest after

a) 18 months
b) 36 months

$10 000 is invested in Fund GrowDaily with a daily compounding interest rate of 0.02%.

a) What total return will be obtained from Fund GrowDaily in a non-leap year?
b) What annual compounded rate of interest, correct to 2 decimals, matches this return?
c) What total return value is obtained if the rate obtained in (b) is applied for another year to the initial sum?