PROBLEM # $1$: If you are given any interest rate you should translate it into its PER CENT VALUE, per payment period $($PP$)$ per compounding period $($CP$).$ For example a complete statement of an interest rate is $10\%$ interest rate per month compounded quarterly. Any interest that does not state its PP and CP explicitly must be restated by you to include the complete statement. Therefore restate the complete interest rate of the following interest rate given to include its payment period $($PP$)$ and compounding period $($CP$)$: $($a$)20\%$ interest rate, $($b$)10\%$ interest per month, and $($c$)5\%$ interest rate compounded quarterly. HINT: for $($a$)$ both the PP and CP are missing, $($b$)$ CP is missing, and $($c$)$ the PP is missing so for all $($a$)$ to $($c$)$ include their missing PP and$/$or CP$.$