Your bank will lend you $5,200 for 60 days at a cost of $91 interest. a. What is your annual rate of interest? (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Annual rate of interest % b. What is your effective annual rate? Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Effective annual rate What is the present value of: (Use a Financial calculator to arrive at the answers. Enter all values as positive. Round the final answers to nearest whole dollar.) a. $8,800 in 11 years at 10 percent? Present value b. $25,000 in 5 years at 12 percent? Present value c. $34,000 in 13 years at 9 percent? Present value d. $1,000 in 20 years at 17 percent? Present value