You own an investment that pays 0.67% each month. What is the APR? (Answer as a decimal, round to the nearest ten-thousandth) 2. You have an investment that earns 15% EAR. What is the equivalent APR if it were compounded monthly? (Express your answer as a decimal and round to the nearest ten-thousandth). 3. Say that you want to establish a scholarship fund that will make fixed payments forever. To fund the scholarship, you plan to make 10 annual contributions of $5. 4k to an investment account with an expected return of 9.1% interest annually. Your first contribution occurs next year. If the scholarship fund makes its first payment the year following the last contribution, then what is the fixed annual payment that the scholarship fund will award? (Round to the nearest dollar). 4. What is the value of an investment that is scheduled to pay you $5k in 6 years if the expected rate of return is 8% compounded monthly? (Round to the nearest cent). 5.You have an investment that eams 8.42% APR compounded continuously. What is the EAR? (Express your answer as a decimal and round to the nearest ten-thousandth). 6.You own an investment that pays 32.2% EAR. What is the quarterly interest rate? (Answer as a decimal, round to the nearest ten-thousandth)