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10) Findi if an amount is invested at 6.00% compounded every 3 months. A) 1.50% B) 6.00% C) 3.00% D) 2.00% 10) E) 0.02 11)

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10) Findi if an amount is invested at 6.00% compounded every 3 months. A) 1.50% B) 6.00% C) 3.00% D) 2.00% 10) E) 0.02 11) 11) What periodic payment does Imran receive from a $100 000, 3-year, monthly payment GIC earning a nominal rate of 2.25% payable monthly? A) 5191.75 B) 5185,50 C) si87.50 D) $180,50 E) $208.33

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