how do you get these answers? what is PV, FV, PMT, I, N etc. (using a financial Calculator)

has a nominal interest rate of 6% p.a. and interest is compounded quarterly. How much will Bill 4. Bill plans to deposit $5,000 into a bank account at the end of every quarter. The bank account have in the account at the end of 2 years? Ans: 42.164.1955 5. Which of the following investments has the highest effective annual rate (EAR)? (Assume that all CDs are of equal risk.) Bank 1: 8.0% with annual compounding. Bank 2: 8.0% with quarterly compounding. Bank 3: 7.9% with daily (365-day) compounding. Bank 4; 8.2% with annual compounding. Ans: Bank 2 provided the highest EFF 6. You are buying your first house for $140,000, and are paying $25,000 as a down payment. You have arranged a 30-year mortgage and a nominal annual rate of 7%. All payments are made at the end of each month. a. How much of your 4th monthly payment will go toward the repayment of interest? b. How much of your 1st 4 monthly payments will go toward the repayment of principal? Ans: a. 669.1741 b. 380.3703