1.) Seamus McIntyre started saving for retirement today by investing $137.50 in an account earning 4.65%. He plans to continue with weekly contributions of the same amount for 22 years. The present value of his investment is:

2.) Jacinda Herschel wants to buy a car and determines she can afford to pay $412.00 a month for a 3-year loan. The rate on her loan would be 2.95%. How much can Jacinda borrow?

3.) An investment with quarterly compounding has an effective rate of 5.61%. The nominal rate is: