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First National Bank charges 8% APR, compounded weekly, on its business loans. Calculate the effective annual rate on this loan. (Enter percentages as decimals

First National Bank charges 8% APR, compounded weekly, on its business loans. Calculate the effective annual rate on this loan. (Enter percentages as decimals and round to 4 decimals) 8 Second National Bank charges 19% effective annual rate on its business loans. Assuming daily compounding, calculate the annual percentage rate on this loan. (Enter percentages as decimals and round to 4 decimals) 9 Third National Bank charges 12% APR, compounded monthly on its business loans. Calculate the monthly period rate on this loan. (Enter percentages as decimals and round to 4 decimals) 10 Suppose you are given the following information: Years: 8 Interest Rate: 12% APR, compounded monthly Present Value: $3,000 Calculate the future value. (Enter a positive number and round 2 decimals)

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