hapter 1. Example 6-3) What interest rates are implied by the followinglending arrangements? a. You bomow $600 and repay $654 in one year. b. You lend $2,000 and are repaid$2,420 in two y ears. c. You lend $1000 and are repaid $1,806-11 in five years with quarterly compounding d. You bom ow $12,500 and repay $21.364.24 in three years under monthly compounding (Note: In c and d, be sure to give your answer as the annual nominal rate