1. Mark borrowed $17309 to help pay for expenses. If the loan carries an annual interest rate of 3.6% and he wants to be debt free in 3 years by making monthly payments, how much will each payment be?
2. Bill took out a 7 year loan to buy a car. If the loan carried an annual interest rate of 4.5% and he made monthly payments of $466, how much interest did he pay?
3. Suppose that for the last 12 years, you've made yearly deposits of $1574 into a savings account whose annual interest rate is 2.6%. How much is in your account today?