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Please help me with numbers 1,2,3,4 and 12. Please show work. I appreciate it 1. What effective annual rate does each bank pay? If you

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Please help me with numbers 1,2,3,4 and 12. Please show work. I appreciate it

1. What effective annual rate does each bank pay? If you deposit $5,000 in each ban how much will you have in each bank at the end of 1 year? 2 years? 2. If all of the banks are insured by the government (the FDIC) and thus are equally risky they be equally able to attract funds? If not [and the TVM is the only consideration), what nominal rate will cause all of the banks to provide the same effective annual rate as Bank A? Suppose you don't have the $5,000 but need it at the end of 1 year. You plan to make a series of deposits- daily for E-with payments beginning today How large must the payments be to each 3. annually for A, semiannually for B, quarterly for C, monthly for D, and bank? Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? Explain 4. 2. Suppose you borrow $15,000. The loan's annual interest rate is 8%, and it requires ou equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, principal repayments, and beginning and ending loan balances. 1. What effective annual rate does each bank pay? If you deposit $5,000 in each ban how much will you have in each bank at the end of 1 year? 2 years? 2. If all of the banks are insured by the government (the FDIC) and thus are equally risky they be equally able to attract funds? If not [and the TVM is the only consideration), what nominal rate will cause all of the banks to provide the same effective annual rate as Bank A? Suppose you don't have the $5,000 but need it at the end of 1 year. You plan to make a series of deposits- daily for E-with payments beginning today How large must the payments be to each 3. annually for A, semiannually for B, quarterly for C, monthly for D, and bank? Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? Explain 4. 2. Suppose you borrow $15,000. The loan's annual interest rate is 8%, and it requires ou equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, principal repayments, and beginning and ending loan balances

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