A bank offers 9.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annually? Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%,% sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434) ) Derek borrows $281,902.00 to buy a house. He has a 30-year mortgage with a rate of 5.22%. After making 144.00 payments, how much does he owe on the mortgage? Answer format: Currency: Round to: 2 decimal places. Derek plans to buy a $27,375.00 car. The dealership offers zero percent financing for 51.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $ cash back. He can borrow money from his bank at an interest rate of 4.72%. Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 7.00 year, semi-annual pay bond that has a coupon rate of 8.16%. If the yield to maturity for the bond is 7.81%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 13.00 year, annual pay bond that has a coupon rate of 8.01%. If the yield to maturity for the bond is 7.89%, what will the price of the bond be