1)Your bank is offering you an account that will pay 30% interest in total for a 2.5 year deposit. Determine the equivalent discount rate for a period length of:

a)Six months.

2)How much you will get if you invest 1000 at the beginning of the first year at 6% EAR for five years? 3)How much you will get if you invest 1000 at the beginning of the first year, and account pays you 3% per 6 months and your investment horizon is 6 years? 4)What is the present value of your six year loan if you pay to the bank at the end of each month $100, and the bank charge you 10% APR with monthly compounding? 5)What is equivalent APR with semi annual compounding if you are given APR of 10% with monthly compounding? 6)Given your answer from previous question, how much you accumulate at the end of the year six if you invest at the end of each month $100, and account pays you 10% APR with semi annual compounding? 7)Capital One is advertising a 120-month, 12% APR motorcycle loan. If you need to borrow $10 000 to purchase your dream Harley Davidson, what will your monthly payment be?