A certain loan requires the borrower make equal monthly payments. This is an example of a: 

Bank A offers semi-annual compounding, whereas Bank B offers quarterly compounding. Also, the APR at bank A is higher than at bank B. Which bank has a higher EAR?

Consider an annuity. If the discount rate increases, what effect will this have on the present value of the annuity?

Blake is considering depositing $[d] in a bank account that will pay simple interest at a rate of [r]% per year. How much money will he have in the account after [y] years?

Starting at the end of this year, George plans to start saving for retirement by depositing $[c],000 per year into a savings account. He will continue this for the next [y] years. Assume he will earn [r]% on his investment. How much will George have saved after [y] years?

Bank A offers monthly compounding, whereas Bank B offers quarterly compounding. Also, the APR at bank A is higher than at bank B. Which bank has a higher EAR?

Fundamental Fitness recently leased a new location. The company will have to pay an annual lease fee of $[c],000 at the beginning of each year for the next [y] years.  The discount rate is currently [r]%. What is the present value of this lease contract?

Bank A offers semi-annual compounding, whereas Bank B offers quarterly compounding. Also, the APR at bank A is lower than at bank B. Which bank has a higher EAR?

Consider an annuity. If the discount rate decreases, what effect will this have on the present value of the annuity?

Consider an annuity. If the annual payment decreases, what effect will this have on the present value of the annuity?