Check My Work (1 remaining) eBook Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $300 per year for 2 years at 6%. b. $150 per year for 1 year at 3%. $ C. $500 per year for 8 years at 0%. d. Rework parts a, b, and c assuming they are annuities due. Future value of $300 per year for 2 years at 6%: $ Future value of $150 per year for 1 year at 3%: $ Future value of $500 per year for 8 years at 0%: $ Check My Work (1 remaining) 0Icon Key Quantitative Problem: Bank 1 lends funds at a nominal rate of 10% with payments to be made semiannually. Bank 2 requires payments to made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Do not round intermediate calculations. Round your answer to three decimal places. % C. You borrow $70,000 and promise to pay back $374,518 at the end of 12 years. % d. You borrow $14,000 and promise to make payments of $3,693.20 at the end of each year for 5 years. %