1. Convert the following costs into their equivalent costs indicated. a. You deposit $1,000 in the bank at an interest rate of 1.5% for 10 years, compounded monthly. How many $ do you have at the end of 10 years? b. Your grandmother promises you a gift of $10,000 that will be paid in 6 years. If you think annual inflation will average about 5% over those 6 years, what is the present value of the gift today? c. You borrow $40,000 today to purchase a new truck. You sign a loan agreement for 4.5% annual interest, compounded monthly, over a 6-year period. What is your monthly payment? d. You make weekly $250 deposits into your savings account (paying an interest rate of 2.4% ), without missing a week, for 10 years. How much will you have saved at the end of the 10 -year period if the balance is compounded weekly