You are offered a court settlement in the following terms: you will receive 7 equal payments of $2,050 each every year, with the first payment being made 4 years from now. The current annual interest rate is 3%. Assume yearly compounding. What is this settlement worth in present value terms? Enter your answer in the form of dollars, rounded to the nearest cent, and without the dollar sign ('$'). Question 5 10 pts You check your credit card balance, and notice that the interest rate is quoted as 20.8% APR. You also know that interest is compounded monthly. What is the Effective Annual Rate on your credit card? Enter your answer as a percentage, rounded to two decimals, and without the percentage sign ('%'). For example, if your answer is 0.123456, then it is equivalent to 12.35%, so you should enter 12.35 as the answer Question 6 10 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 29 years, the coupon rate is 10% paid semiannually, and the discount rate is 11%. What is the estimated value of this bond today? Enter your answer in dollars, rounded to the nearest cent