I NEED ANSWER FOR PARTS e and f MOSTLY, KINDLY CONSIDER THAT

1. Your wealthy American uncle established a $1000 bank account for you when you were born. Shortly you'll turn 21 and will be ready to cash in. (a) How much is in your account if the (nominal) interest rate on the account earned was 5% per year? (b) What was the monthly interest rate if the annual interest rate was 5%? Remember there are 2 ways to calculate this-do both (c) How much is in your account if the interest rate on the 4% since then? (d) Without any calculations, judging from your calculations above, should he have put more or less money in your account if his intention was to hand you over $3,000 at the age 21 and he expected the interest rate on the account to be 6% per year for the first 8 years, and only 4% after that