1 You want to buy a home that cost 420,000 dollars, using a 30 year mortgage. If interest rates on the loan are 3.9% and interest is compounded monthly, what will be your monthly payment? (Please use at least 5 decimal places and do not use $ symbol in the answer)

2 If you save 8 hundred dollars per month in a bank account that earns a 8% interest rate (compounded monthly) for 30 years, how much will be in your account in 30 years time? (Please use at least 5 decimal places and do not use $ symbol in the answer)

3 What is the present value of an investment that pays out 40 dollars per quarter for the next 5 years, if the appropriate discount rate is 5%? (compound quarterly) (Please use at least 5 decimal places and do not use $ symbol in the answer)

4 You are offered a loan with an annual intereest rate of 2% . If this loan is compounded monthly (12 times a year), what is the effective annual rate (EAR) of the loan? (Please write in decimal format using 5 decimal places, for example if the answer was 4.234% please write .04234)