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Help me out by answering all the questions below. 1. 2. 3. You have found three investment choices for a one-year deposit 10.5 % APR

Help me out by answering all the questions below.

1.

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You have found three investment choices for a one-year deposit 10.5 % APR compounded monthly, 10.5 % APR compounded annually, and 9.9% APR compounded daily Compute the EAR for each investment choice. (Assume that there are 365 days in the year) (Nole: Be careful not to round any inlermediate steps less than six decimal places) The EAR for the first investment choice is% (Round to three decimal places) You have an outstanding student loan with required payments of $550 per month for the next four years. The interest rate on the loan is 10% APR (compounded monthly). Now that you realize your best investment is to prepay your student loan, you decide to prepay as much as you can each month. Looking at your budget, you can afford to pay an extra $250 a month in addition to your required monthly payments of $550, or s800 in total each month. How long will it take you to pay off the loan? (Note: Be careful not to round any intermediate steps less than six decimal places) The number of months to pay off the loan is (Round to two decimal places.) You are thinking about investing $4,596 in your friend's landscaping business. Even though you know the investment is risky and you can't be sure, you expect your investment to be worth $5,712 next year. You notice that the rate for one-year Treasury bills is 1%. However, you feel that other investments of equal risk to your friends landscape business offer an expected return of 11 % for the year. What should you do? The present value of the return is a (Round to the nearest cent.)

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