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AaBbCcDdEe AaBbCcDdE AaBbCcDdE AaBbCcD AaBbCcD X 2 X A - D V A v EEE EV Heading 2 Normal No Spacing Heading 1 Title 5)

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AaBbCcDdEe AaBbCcDdE AaBbCcDdE AaBbCcD AaBbCcD X 2 X A - D V A v EEE EV Heading 2 Normal No Spacing Heading 1 Title 5) A national advertising program that costs $200,000 today is expected return a profit (like interest) of $96,000 in 6 years. Determine: (4 marks) a. The rate of return (interest) using simple interest. b. The rate of return (interest) using compound interest (compounded annually), where the Future Value would be $200,000 and $96,000 added together. Focus

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