2 A loan of 10,000 is repayable in 91 days at a simple rate of interest of 8% per annum. Assuming that 1 year is equivalent to 365 days, calculate: (i) the amount repayable in 91 days; (ii) the effective rate of discount per annum; (iii) the equivalent nominal rate of interest per annum convertible quarterly. [Total 6 marks]