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2. Exercise Two: Compute the Future Value of 100 USD (U.S. Dollars), 250 years from today, if the interest rate is 3.25%, assuming: (a) simple

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2. Exercise Two: Compute the Future Value of 100 USD (U.S. Dollars), 250 years from today, if the interest rate is 3.25%, assuming: (a) simple interest, (b) daily compounding, (c) continuous compounding. (Hint: Extra Credits will be given for verifying your discrete compounding answers by using the FV function in Excel - as shown in class)

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