Please help me on multipile choice question 1 and 5.

1.A small company borrowed $100,000.00 for business expansion. The entire principle of $100,000 will be repaid in 2 years, but quarterly interest of $3300 must be paid every three months. What nominal annual interest rate is the company paying?

A.3.3%

B.

13.2%

C.39.6%

D.26.4%

5.You are considering purchasing a dump truck. The truck will cost $45,000 and have an operating and maintenance cost that starts at $15,000 the first year and increases by $2,000 per year thereafter. Assume that the salvage value at the end of 5 years is $9,000 and interest rate is 12%. The equivalent annual cost of owning and operating the truck is most nearly:

A.$31,400

B.$41,210

C.$26,100

D.

$29,616