I. Suppose I deposit $150 into an account which for the first 5 years pays interest at a nominal rate of 3% compounded monthly, for the next 3 years pays interest at a nominal discount rate of 3% compounded quarterly and for the last two years has a constant force of interest of 3%.
a) How much will I have at the end?
b) What is my annual effective rate for the entire 10 years?
II. Suppose that I also deposit $25 each six months into the account described above.
c) How much money will I have at the end?
d) What is my annual effective rate for the entire 10 years?
Please show what work needs to be done to recieve those answers.