1) To borrow $1,500, you are offered an add on interest loan at 8.4 percent with 12 monthly payments. Compute the 12 equal payments. (Round your answer to 2 decimal places.) Equal payments $ Compute the EAR of the loan. (Do not round intermediate calculations and round your answer to 2 decimal places.) EAR %

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2)What annual rate of return is implied on a $2,500 loan taken next year when $5,500 must be repaid in year 6?

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3)Compute the present value of a $2,300 deposit in year 1 and another $1,800 deposit at the end of year 3 if interest rates are 10 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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thanks!