Suppose you make equal Semiannually deposits of S1,200 into a fund that pays interest a rate of 16% per year compounded quarterly. The balance at the end of year three is 2 FE? 1 -16% A = $ 1200 59070.6 A 58838.7 None of them $10230.4 D 365896 A loan for $50,000 is to be paid in n 3 years at the amount of $100,000. What is the nominal interest rate per year if it is compounded weekly? (one year 52 weeks) $50.000 Two year compounded We Year 1 F$100 000