Format: 5.77 Format: rate. Solve all questions accordingly. Q1. What is the effective annual rate (yield) of 8% compounded quarterly? Q2. An interest rate stated as nominal 19% compounded monthly is the same as ? per month. Q3. The yield is 16.9859 % for a rate compounding quarterly. Calculate the nominal interest Format: 9682 Q4. Meidrim has found her dream house. The house price is RM 340000 and the required downpayment is RM 68000. The loan that Meidrim has decided upon will be for 30 year with annual rate of 12% Format: 295.62 compunded monthly. Calculate the monthly payment that Meidrim has to pay. Hint: round % and interest factor to 4 decimal points). Q5. For the RM5700 amount borrowed, the repayment is scheduled to be over 3 year, to be paid monthly. Calculate the format: 156754 remaining unpaid loan after the 6th payment. The interest is 8% compounded monthly