46-48 100 can be invested in a high interest investment fund yielding 10% nominal interest per annum, compounded annually. What would the value of the account be after 5 years (rounded to the nearest whole pound or o decimal places)? Alternatively, the 100 can be invested in an account that yields 9.75% nominal interest, but the interest is compounded monthly What is the effective interest rate of the second account (to 1 decimal place)? Which account should be invested in? 49-54 An oil refining company produces 2 joint products (gasoline and diesel) and one by-product (ethylene). Complete the missing information in the table below for letters A-N. Apportion costs based on production units. (NRV - Net Realisable Value). (M - manufacturing costs) Product Litres M Addition Total Sales Total NRV Total Produced Cost () Costs Addition (/Litre) Sales () (/litre NRV (E) (/litre) Costs () ) Gasoline 600,000 . 0.10 60,000 660,000 D Diesel 300.000 B 0.15 360,000 1.05 315.000 Total 900,000 300,000 1.1 1.2 Ethylene 100,000 0 0.01 1,000 0.02 2.000 0.01 F . B