financial calculator or a spreadsheet. Quantitative Problem 1: You deposit $2,500 into an account that pays 6% per year. Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a new car. How much will you be able to withdraw at the end of 5 years? Do not round intermediate calculations. Round your answer to the nearest cent. $ Quantitative Problem 2: Today, you invest a lump sum amount in an equity fund that provides an 11% annual return. You would like to have $11,800 in 6 years to help with a down payment for a home. How much do you need to deposit today to reach your $11,800 goal? Do not round intermediate calculations. Round your answer to the nearest cent. Quantitative Problem: You own a security that provides an annual dividend of $175 forever. The security's annual return is 0%. What is the present value of this security? Round your answer to the nearest cent Quantitative Problem: Bank 1 lends funds at a nominal rate of 9% with payments to be made semiannually. Bank 2 requires payments to be 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 the decimal places