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5) Big Corporation had the following sales over the last 4 years; Year Sales (in 000) 1 225.00 2 236.25 3 243.125 4 248.00 a)

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5) Big Corporation had the following sales over the last 4 years; Year Sales (in 000) 1 225.00 2 236.25 3 243.125 4 248.00 a) What was the growth rate in sales between years 1 & 2; (hi b) What is the growth rate in sales between years 3 & 4; c) What is the average annual growth rate for these years? 6) Calculate the EAR for the following annual nominal rates, Annual Rt. Compounding vid 10.000% semi-annual 9.875% monthly 9.625% daily FV 1.000 1.000 1.000 1,000 1.000 1,000 7) Complete the missing variables in the table below; Annual nominal Cmpd/year # years 1%/yr (nom) PV 1 1 10.0% 1 5 10.0% 1 10 10.0% 1 10 5.0% 4 5 10.0% 12 5 10.0% 1 10 5.00% 1 10 10.00% 1 $ 10.00% 4 5 10.00% 12 5 10.00% 1 S 1 10 12 10 1 8.00% 2,000 2,000 2,000 2.000 2.000 1.338.23 1.480.24 2.451.36 2 1,000 1.000 1,000 1

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