please answer both parts. thank you!

Required information The Second National Bank of Fullerton advertises an APR of 12%, but it indicates in the small print that compounding occurs on a monthly basis for personal loans with no collateral required. NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Determine the APY you would pay using an equation. The APY paid would be 3.6544 * % per year. The cost to manufacture a firing system component used in a rapid deployment missile defense system was $28,000 the first year; however, the company expects the cost to increase by 2% each year. Calculate the present worth of this cost over a 5-year period at an interest rate of 10% per year compounded weekly. The present worth of the cost is $