Question: Please answer all 2 questions with the calculation processes. Thank you ! What is the present value of a series of 48 quarterly deposits (starting

Please answer all 2 questions with the calculation processes. Thank you

Please answer all 2 questions with the calculation processes. Thank you !

What is the present value of a series of 48 quarterly deposits (starting at quarter 1) when the first deposit is $500 and the deposits increase by $50 each quarter starting with the second quarter? The nominal annual interest rate is 10% and is compounded weekly. Quarterly interest rate? Present value? 5) You receive a $35,000 car loan at 6% nominal annual for 60 months. Interest is compounded daily and you make monthly payments. Answer the following questions: What is your monthly interest rate What is your monthly payment

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