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.\ 0\ \ Incorrect: Your answer is incorrect.\ seenKey 7.057 %\ (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.\ 0\ \ Incorrect: Your answer is incorrect.\ seenKey 5.826 %\ (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.\ 0\ \ Incorrect: Your answer is incorrect.\ seenKey 8.814 %\ Find the bank's annual effective yield on the package of loans over the ten-year period. (Round your answer to three decimal places.)