1. What effective annual rate does each bank pay? If you deposit $5,500 in each bank today, how much will you have in each bank at the end of 1 year? 2 years? Round your answers to two decimal places. 2. If the TVM is the only consideration, what nominal rate wil cause all of the banks to provide the same effective annual rate as Bank A? Round your answers to two decimal places. 3. Suppose you don't have the $5,500 but need it at the end of 1 year: You plan to make a series of deposits - annualiy for A, semiannually for B, quarterfy for C,mmonthly \& k, and daily for E - with payments beginning today. How large must the payments be to each bank? Round your answers to the pesrest cent. 1. What effective annual rate does each bank pay? If you deposit $5,500 in each bank today, how much will you have in each bank at the end of 1 year? 2 years? Round your answers to two decimal places. 2. If the TVM is the only consideration, what nominal rate wil cause all of the banks to provide the same effective annual rate as Bank A? Round your answers to two decimal places. 3. Suppose you don't have the $5,500 but need it at the end of 1 year: You plan to make a series of deposits - annualiy for A, semiannually for B, quarterfy for C,mmonthly \& k, and daily for E - with payments beginning today. How large must the payments be to each bank? Round your answers to the pesrest cent