a. A loan of $500 is to be paid with 1 payment of $600 in 6 months. The simple interest charged per- annum on the loan is:

b.A loan of $500 is to be paid with 1 payment of $600 in 6 months. The compound interest charged per-annum on the loan is:

c. Jon Snow requires a loan of $15,000. He enquires with three banks, Bank A, Bank B, and Bank C. Bank A offers J24 6.8%; Bank B offers J2 =7%, and Bank C offers J1 = 6.95%. Which bank should Jon get his loan from?

d. What annual deposits are needed for 10 years to provide for a perpetuity of $3000 per year with the 1st payment due at the end of 11, 1 year after the final deposit with J1 = 8% p.a.?

e. If you were given the option of investment A which pays 12% p.a. simple interest for 5 years compared to investment B which pays 12% p.a. compound interest also for 5 years, which of these alternatives is the better option?

f. What annual deposits are needed for 10 years to provide for a perpetuity of $3000 per year with the 1st payment due at the end of 11, 1 year after the final deposit with J1 = 8% p.a.?