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5. Find the value of $1000 deposited for 8 years in an account paying 8% annual interest compounded semiannually.

6. Find the value of $1000 deposited for 10 years in an account paying 6% annual interest compounded monthly.

7. How much money must be deposited now in an account paying 8% annual interest, compounded quarterly, to have a balance of $1000 after 10 years?

8. How much money must be deposited now in an account paying 7% annual interest, compounded yearly, to have a balance of $1000 after 6 years?

9. How much money must be deposited now in an account paying 7.25% annual interest, compounded quarterly, to have a balance of $1000 after 10 years?