A. is a financial intermediary that deals mainly in the flow of funds between members. Membership is generally derived from some common bond. O a. commerical bank O b. credit union O c. superannuation fund Od. finance company BankSA offers a car loan that will require you to pay 4% per annum, compounded semi-annually. What is the effective annual rate charged by the bank? (Round the final outcome to 2 decimal places) (4.5 marks) b. Peter wishes to leave a provision in his will that $6,000 will be paid annually in perpetuity to a local charity. How much must he provide in his will for this perpetuity if the interest rate is 4% per annum? (4 marks) Which of the following does NOT apply to Buy-now-pay-later (BNPL) services? O a. customers pay establishment fees O b. customers pay a late fees if missing a payment O c. customers pay payment processing fees O d. customers pay interest In recent years, building societies expanded their lending operations to: O a. foreign-currency loans for members O b. commercial paper O c. high-risk business borrowers O d. underwriting facilities In our society, ethical rules do not include: O a. realising that we must follow the same rules we expect others to follow. O b. all of the options. O c. considering the impact of our actions on others. O d. being unwilling to sometimes put the interest of others ahead of our own interests