Question: first question already answered, not sure how to calculate the lst 3 Q1: You plan to save $380 per month starting today for the next

first question already answered, not sure how to calculate the lst 3

Q1: You plan to save $380 per month starting today for the next 47 years "just to start the month off right." You feel that you can earn an interest rate of 9.6 pereent compounded monthly. How much will there be in FVAD=380(121.096)(124712)1)(121.096)564 FV=4236561.84 Q2: The monthly rate is 0.5%. 1. What is the APR? (0.5pt) 2. What is the EAR? (0.5pt) Q3: The semiannual rate is 0.5%. 1. What is the APR? (0.5pt) 2. What is the EAR? (use 6 decimal points) (0.5pt) Q4: The APR is 12% with monthly compounding. 1. What is the monthly rate? (0.5pt) 2. What is the EAR? (0.5pt)

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