O O Q. 2.1 Paolo wants to buy a car which costs $60,355 in 30 years. He has $15,000 to invest. He wants to know the rate of return that helps him to achieve his goal. (5 marks) O O. 2.2 After Paolo knows the rate of return, he contacted The Northwest Bank. The bank tells Paolo that it pays a quoted annual interest rate compounds daily using a 365-day year. What is the effective annual rate of return (EAR)? (4 market Q. 2.1 PV FV Z H Total 5 marks Q. 2.2 APR EAR Total 4 marks