Please give an answer with an explanation to each, thank you!

Question 1 5 pts You are running a bank and a customer wants to deposit $6m into the bank starting in 207 days and ending in 321 days. You will pay interest on an ACT/360 basis and will set the rate at 0.43% below fair. Interest rates are: Days Cont. Comp. Rates 3.34 207 321 3.71 What rate do you charge? Give your rate to 2 decimal places and enter 3.05% as 3.05. Question 2 10 pts You are depositing $3m from the bank starting in 226 days and ending in 312 days. You have agreed to pay 2.22% interest on an ACT/360 basis. If interest rates are: Days Rates 226 2.67 312 2.07 what is the present value of this transaction? (Round your answer to the nearest 0.01)