(d) Sam is planning to arrange a tailor-made bank deposit investment plan that can generate a regular annual interest income of $35,000, starting with the first payment received 6 years from now and the last payment received 15 years from now. Calculate the present value of this annuity amount at Year 3, given the relevant discount rate is 12% per annum. (e) If Sam is attracted by another investment compounded quarterly that grow 50% in 4 years, calculate the annual interest rate (APR) and effective annual rate (EAR) being earned for the investment. (1) Sam invests $200,000 at Bank A that earns an annual interest rate of 12% compounded monthly. His wife puts $220,000 at Bank B with an annual interest rate of 6% compounded monthly. How long does Sam take to accumulate his account at bank A to arrive a doubled accumulated amount of his wife's at bank B