Use the following information for the next 2 questions. Mr. Chan deposits $400,000 to the bank. The interest rate is 0.8% p.a. The deposit period is 30 days. t 15. How much interest will Mr. Chan receive under compound interest calculation? A. $2,268.23+ B. $2,386.48 C. $2,630.14 D. $2,638.51 t 16. How much interest will Mr. Chan receive under simple interest calculation?" A. $2,268.23+ B. $2,386.48+ C. $2,630.14 D. $2,638.51 t Use the following information for the next 2 questions Bank X pays an average interest rate of 1.5% on customer deposits. The average interest rate on the loans offered to its customers is 4.6%. Inflation rate is 1.4%. The total amount of deposits and loans are $840 million and $730 million respectively. + 17. What is the interest rate spread of Bank X? A. 0.1% B. 1.7% C. 3.1% D. 7.5%+ t 18. What is Bank X's net interest income? A. $20.98 million B. $21.67 million C. $22.83 million D. $23.83 million