You are considering moving your money to a new bank offering a one-year CD (certificate of deposit) that pays an APR of 7.8% with monthly compounding. Your current bank's manager offers to match the rate you have been offered. The account at your current bank would pay interest every six months. How much interest will you need to earn every six months to match the CD? You need a new car and the dealer has offered you a price of 16,000, with the following payment options: (i) pay cash and receive a 1,000 rebate, or (ii) pay a down payment of 4,000 and finance the rest with a 0% APR loan over 24 months (What is your monthly payment?). You have not yet finished your degree and are not earning any money. Therefore, over the next 2 years you plan to use credit cards to pay your expenses; luckily you have one with a low (fixed) rate of 12% APR, and you pay monthly interest. Which payment option is best for you? Go to the Treasury website and find the latest yield curve. (Search for "Daily Treasury yield curve rates). (i) List the 1, 3, 5, 10, and 30 year rates for May 1, 2017. Plot the yield curve. (ii) Do the same for January 2017, January 2016, and January 2007. In each case, use the earliest date in January. (iii) Discuss the differences in yield curve. What might have been reasons for the differences