C. You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 17% APR, compounded monthly, or borrow the money from your parents, who want an interest payment of 10% every six months. Which is the lower rate? D. You have found three investment choices for a one-year deposit: 10.1% APR compounded monthly, 10.1% APR compounded annually, and 9.6% APR compounded daily. Compute the EAR for each investment choice. (Assume that there are 365 days in the year.) (Note: Be careful not to round any intermediate steps less than six decimal places.) E. Suppose Capital One is advertising a 60-month, 5.13% APR motorcycle loan. If you need to borrow $7,900 to purchase your dream Harley-Davidson, what will be your monthly payment? (Note: Be careful not to round any intermediate steps less than six decimal places.)