11. You are given an investment to analyze. The cash flows from this investment are End of year 1. $1,283 2. $4,085 3. $937 4. $3,797 5.$912 What is the future value of this investment at the end of year five if 16.25 perecent per year is the appropriate interest (discount) rate? Round the answer to two decimal places. 12. You have been offered the opportunity to invest in a project that will pay $2,368 per year at the end of years one through three and $5,264 per year at the end of years four and five. These cash flows will be placed in a saving account that pays 5.01 percent per year. What is the future value of this cash flow pattern at the end of year five? Round the answer to two decimal places. 13. You plan to apply for a loan from Bank of America. The nominal annual interest rate for this loan is 12.27 percent, compounded daily (with a 365-day year). What is the effective annual rate, or EAR (annual percentage yield), of this loan? Round the answer to two decimal places in percentage form.