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A bank makes a package of three loans to a small business. Find the bank's annual effective yield on each of these loans individually. (

A bank makes a package of three loans to a small business. Find the bank's annual effective yield on each of these loans individually. (Round your answers to three decimal places.)
(a)$110,000 amortized monthly for ten years at a nominal discount rate of 6.8% convertible monthly. (b)$100,000 to be repaid by monthly sinking fund payments for ten years where interest is assessed at a rate of 5.4% nominal convertible monthly and the sinking fund earns 5% nominal interest convertible monthly. The bank receives the sinking fund deposits. (c)$200,000 to be repaid with interest at the end of ten years with an effective rate of discount of 8.1% throughout the ten years. (d)Find the bank's annual effective yield on the package of loans over the ten-year period. (Round your answer to three decimal places.) ANSWERS: (a)7.057%(b)5.826%(c)8.814%(d)8.096% please show work without using excel

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