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E1: Go to the Federal Reserves website, Http://www.federreserve.gov Click on the consumer information tab, and research consumer credit in the various hyperlink. Find average interest rates charged by commercial banks can new automobile loans, personal loans, and credit card plans.A)     Compare the average level of interest level of interest rates among the three types of loansB)      Click on the Economics Research & Data tab, click on the “Statistics: Release and Historical Data hyperlink and then “Consumer Credit,” and compare trends in the cost of consumer credit provided by commercial banks over the past three years.P2: Find the FV of 10,000 invested now after five years if the annual interest rate in 8percenta)      What would be the FV if the interest rate is simple interest rate?b)      What would be the Fv if the interest rate is compound interest rateP3: Determine the future values (FVs) if 5,000 is invested in each of the following situationsA)     5 percent for ten yearsB)      7 percent for seven yearsC)      9 percent for four yearsP4: You are planning to invest $2,500 today for three years at a nominal interest rate of 9 with annual compoundingA)     What would be the future value (FV) of your investment ?B)      Now assume the inflation is expected ti be 3 percent per year over the same three-year period. What would be the investment’s FV in terms of purchasing power?C)      What would be the investment FV in terms of purchasing power if inflation occurs at a 9percent annual rate?P5: Find the present value (PV) of 7,000 to be received one year from now assuming a 3 percent annual discount interest rate. Also calculate the PV if the $7,000 is received after two yearsP7: Determine the present value (PV) if 15,000 is to be received at the end of eight years and the discount rate is 9 recent. How would your answer change if you had to wait six years to receive the 15,000P16: Use a financial calculator or computer software program to answer the following questions:A)     What would be the future value (FV) of 15,555 invested now if it earns interest at 14.5 percent for seven years?B)      What would be the FV of 19,378 invested now if the money remains deposited for eight years and the annual interest rate 18 percent?P17: Use the financial calculator or computer software program to answer the following :A)     What would the present value (PV) of 359,000 hat is to be received at the end of twenty three years if the discount rates is 11 percent?B)      How would your answer change in (a) if the 359,000 is to be received at the end of twenty years?P19: Use a financial calculator or computer software program to answer the following questions.a)      What would be the future value (FV) of 19,378 invested now if the remains deposited for eight years, the annual interest rate 18 percent. And interest on the investment to compounded semiannually?b)      How would your answer for (a) change if quarterly compounding were used?