1.What's the (EAR) effective annual rate of 16 percent APR compounded quarterly?

2. What is the total PRESENT VALUE now of two future cash flows if discounted at an 8% annual rate? Cash Flow received at t=3 is $6000, and at t=6 is $9000

3. At 8% annual compounding, what is the total Future Value at t=8 of the two Cash flows in Prob #2?

4. Starting at the end of this month, you begin saving $300 each month for the next 60 consecutive months and these funds earn 12% APR, compounded monthly. What future amount (including interest) will you have accumulated by 60 months from now?