PLEASE ANSWER ASAPP

1. Compute the earnings for the year, for a $16,500 savings account that earns 1.2 percent compounded (a) annually, (b) quarterly, (c) monthly, and (d) daily. (Use 365 days a year. Do not round your intermediate calculations and time value factors. Round your final answers to 2 decimal places. Omit the "$" sign in your response.)

(a) Annually	$
(b) Quarterly	$
(c) Monthly	$
(d) Daily	$

2. What is the net annual cost of the following chequing accounts? a. Monthly fee, $3.40; processing fee, 30 cents per cheque; cheques written, an average of 2 a month; $0.60 per debit transaction over the 20 debit transactions per month that are free with an average of 60 per month made. (Round your final answer to 2 decimal places. Omit the "$" sign in your response.) Annual cost $ b. Interest earnings of 3 percent with a $500 minimum balance; average monthly balance, $600; monthly service charge of $20 for falling below the minimum balance, which occurs three times a year (no interest earned in these months). (Round your final answer to 2 decimal places. Omit the "$" sign in your response.) Net cost $

3.

Louise Gendrons monthly gross income is $4,100. Her employer withholds $615 in federal and provincial income taxes, $196.68 towards the Canada Pension Plan, and $54.67 for EI contributions. Louise contributes $110 per month to her RRSP. Her monthly credit payments for Visa and MasterCard are $76 and $66, respectively. Her monthly payment on an automobile loan is $430. a. What is Louises debt-payments-to-income ratio? (Round your answer to 2 decimal places. Omit "%" sign in your response.) Debt paymentstoincome ratio % b. Is Louise living within her means?

multiple choice

Yes

No

PLEASE ANSWER ASAPPPPP