AutoSave OFF w Interest Theory Quiz 1 - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Tell me Share Comments Calibri (Bo... 11 - A AL AaBbCcDdEe AaBbDcDdEe AaBbCcDc AaBbCcDdEt AaBb AaBbceDdEt v Paste B I U ab x Normal x ADA No Spacing Heading 1 Heading 2 Title Subtitle Styles Pane Dictate Sensitivity 1. A fund grows with simple interest at a simple interest rate = 0.03. Compute: a. The effective interest rate over the 2nd year b. The effective discount rate over the 3rd year. C. If the fund has an initial amount of $5,000, how much interest is earned from t = 1 to t = 3? Page 1 of 2 200 words E English (United States) D Focus + 147%