I NEED A GOOD AND DETAIL EXPLANATION ON EACH OF THE QUESTIONS, ASLSO I NEED Calculations, Formulas and Graphs that support the answers. PLEASE THANK YOU.

1. The parents of a newborn girl decide to place $10,000 in a bank today with the aim of forming a fund to finance their education.

• a) If the interest rate earned on the deposit is 6 per cent per year, composed every 30 days, how much money will the girl have when she is 12 and starts secondary school? Suppose a year of 365 days.
• b) How much will you have in 17 years when you start college?

2. The parents of a newborn girl decide to place $10,000 in a bank today with the aim of forming a fund to finance their education.

• a) If the interest rate earned on the deposit is 6 per cent per year, composed every 30 days, how much money will the girl have when she is 12 and starts secondary school? Suppose a year of 365 days.
• b) How much will you have in 17 years when you start college?

3. Suppose the risk-free rate is 5% and the expected return on the market portfolio is 15%. If a joint action has a Beta of 0.60, what is its expected return under the CAPM? If another common action has an expected yield of 15%, what should be its beta?

REFERENCES: Dumrauf, G. L. (2013). Corporate Finance: A Latin American Approach 3rd Ed. Alfaomega.