Question #1. Miss Bunz deposited $5,000 into a tax-free account that was earning 2.75% compounded monthly.One year later, she made a second deposit into the account of $3,500.How much will she have in this account one year after making the seconddeposit?

Question#2. A bank chargesan interest rate of 5.75% compounded monthly. What is the effective rate of interest that is being charged? Round your answer to two decimal places.

Question#3. Miss Bunz has debts of $25,000 due today and another $20,000 due in 18 months. They will be settled by a single payment to be made 12 months from today. What is the size of the payment in 12 months, if money is worth 4.5% p.a.?

She should pay how much in 12 months?