a). 3.6 future value; Your birthday is coming up and instead of any presents, your parents promised to give you 3000 in cash. Since you have a part-time job and, thus dont need the cash immediately, you decide to invest the money in a bank term deposit that pays 8 percent compounding quarelty for the next 2 years. How much money can you expect to gain in this period of time.

b) 3.22 Growth rate; Infosys Technologies ltd an Indian technololgy company, reported a profit of 419 milllion this year. Analysts expect the companys earnings to be 1.468 billion in 5 years what is the expected growth rate in the companys earnings.

c) 3.28 multiple compounding period; Kylie wants to invest some omney so she can collect $5500 at the end of 3 years. Which investment should she make given the following choices?

a) 4.2% compounded daily

b) 4.9% compounded monthly

c) 5.2% compounded quarterly

d) 5.4% compunded annually