only need the third picture but you need the other info... answer fully thank you!

You are the manager of a mobile phone manufacturer. Your firm currently holds $2,000 cash on hand. You cannot find a good investment opportunity now, so you decide to deposit all the cash into a bank's savings account. There are two banks having good relation with your firm: Bank A and Bank B. Bank A provides you 2% interest rate, quarterly compounding, on its savings account. Bank B provides you 2.5% interest rate, quarterly compounding, on its savings account. Which bank's savings account would you choose to deposit your firm's cash into? (Hint: you can calculate the true rate mathematical or explain your decision theoretical Both method give you consistent conclusion.) PMT: N : O.25 2.s00 Bane A Quatery-Bane B 20/o O.25 2,se0 2.5l Bane A Bane B 2.015% O Annuany 2, don 2,040.30 2.524% 0 2,d0s 2, So.47 highe hi,her br Ban 3. The io Bane B also Since Fv wil be annuaized re turn is with Bane B Grm Shond inves+ In addinion. (inputs) Banu A: N=.25 No.25 Tolo = 2 Pu = 2.000 PMT= 0 Fre-2,d0.93 Pu =2,000 PMT=0 Fv=-2,012.38 Your firm keeps generating $5,000 cash per quarter from the operation, and you deposit all the cash into your savings account. One year later, your Research & Development department comes up with a cutting-edge technology. Based upon this tech, you can release a new product, uPhone Max. You need to upgrade your equipment in order to produce uPhone Max. The estimated cost to upgrade is $40,000. You need to raise up the fund for the upgrade. One source is the money in your savings account. How much money do you have in your savings account now? How much money you still need to borrow from the bank in order to upgrade the equipment? (Hint: do not forget the cash you hold on hand initially.) t2.5% 2 Quanry 2OvO So S,ao So 5e Pen'ed 2,050 2,000 x 1.025 O 5.0C.025) "=So2. 3 5,c00 X ( ezs)4= 30.9L X 4 5,00* (1.075) Spoo 22, 23. S 22 ,230.57 Money han Meney Requres for 'upynde Moy h be bameued: Yo,000-22,23.57 7, 73 43 Sine we chose baneBue taue rak of D- 2.5 Here hau dane revevaad comprndiny the Now you talk with Bank A and Bank B about the interest rate they will charge c the loan. Both banks will charge you 6 % interest. However, Bank A is monthly compounding, while Bank B is quarterly compounding. Which bank will you borrow from? (Hint: again, you can provide me either mathematically or theoretically explanation.) on 3