The value of a 7 year lease that requires payments of $750 made at the beginning of every quarter is $18,700. What is the nominal interest rate compounded quarterly? % Round to two decimal places You invested $10,500 at the end of each quarter for 6 years in an investment fund. At the end of year 6, if the balance in the fund was $266,000, what was the nominal interest rate compounded quarterly? % Round to two decimal places How much did Lucy deposit every month in her savings account if she had $7,000 after 12 month-end deposits? The money in her savings account was growing at 3.16% compounded monthly. Round to the nearest cent Lush Gardens Co. bought a new truck for $58,000. It paid $6,960 of this amount as a down payment and financed the balance at 5.09% compounded semi-annually. If the company makes payments of $1,600 at the end of every month, how long will it take to settle the loan? years months Express the answer in years and months, rounded to the next payment period