Can you please answer this all questions step by steps and with diagram It is extremely important to show all of your work on this assignment. 5. If a 3-year, $5,500 note is discounted at 15%, compounded monthly, half a year before maturity, what will be the discount? (3 marks) 6. Find the present value on the date of discount, which occurs 10 months before maturity at 17%, compounded monthly, of a 5-year, $3,000 note bearing interest at 12%, compounded quarterly. (5 marks) 7. Calculate the compound discount on a 2-year, $1,500 note discounted on September 10, 2018 at 13%, compounded daily, if the note was signed on August 6, 2017 and bears interest at 12.5%, compounded semi-annually. (9 marks) 8. Calculate the proceeds of the sale of a 2-year, $1,700 note earning 12% semi-annually if it is discounted at 14% quarterly 6 months before maturity. (5 marks) Marks will be assigned for correct sketches of time diagrams in this section of the assignment. 9. If money is worth 14%, compounded monthly, what single payment 6 months from now would clear an original debt of three $400 payments due 4 months ago, today, and in 5 months' time? Use now as the focal date. (8 marks) Diagram:. 10. Two debts$350 due 1 year ago and $400 due 6 months agoare to be replaced by two new payments: one of $300 due now and the remainder in 6 months' time. If money is worth 12%, compounded semi-annually, what will the final payment be? (8 marks) Diagram: Text Box: page 6 of 10 compounded quarterly? (b) How long is this in years? (4 marks) (a) (b) 18. You have $1000 to invest for 3 years. How much will you have if interest is paid at 5%, compounded daily? (4 marks) 19. What deposit today will accumulate to $15,000 in 6 years if the interest rate is 6%, compounded monthly? (4 marks