If the nominal rate is 9.5 % and the interest compounds quarter, what is the Effective Annual Rate (EAR)%? Show 2 decimals in your answer. Do not put a % in your answer. For example 9.99

You borrow $83,218 to be repaid in annual payments over 4 years. The nominal interest rate on the loan is 7.4%. Based on the above how much the annual payment should be? (Show pennies!) e.g. 99.99

If the nominal rate is 9.5 % and the interest compounds quarter, what is the Effective Annual Rate (EAR)%? Show 2 decimals in your answer. Don't put a % in your answer. For example 9.99

Perpetuity has a discount rate of 7.7% and a payment of $232.41. What is the present value of this perpetuity?