Can you please answer questions 3 to 7

3. Assuming an annual interest rate of 5% compounded bi-annually over a period of 5 years on the money put in the bank, how much will Armrest Inc. have in its bank account at the end of the fifth (5th) year? [ 1 mark] 4. Assuming an annual interest rate of 5% compounded monthly over a period of 5 years on the money put in the bank, how much will Armrest Inc. have in its bank account at the end of the fifth (5th) year? [ 1 mark] 5. Compare the results of 2,3 and 4 and comment on those results. [1.5 marks] 6. Complete a discounted cash flow analysis and determine the best option offered by Fiona to the Armrest Inc. customers assuming an annual interest rate of 10\%. [3 mark 7. Calculate the declining depreciation cost of the machine at the end of the fifth year assuming a depreciation rate of 30%[0.5 marks]