5. (2pts) You are given the following information about an investment account: Date Deposit Balance (before deposit) January 1 10 July 1 X 12 December 31 X Over the year, the time-weighted yield is 0%, and the dollar-weighted yield rate is Y. Find Y.

6. (2pts) You have to get a car loan of $25,000. The bank will finance the car at an annual nominal rate of 12% convertible monthly. If you can afford payments of $500 per month, find the down payment for the car you must make for a 3-year loan. (Down payment = principal present value of all payments) (Answer: $9946.25) I have the answer to 6 but please show work