Question
Calculate the following variables in the formula of your choice. The variables may or may not be the same value. Assume i 1 represents the
Calculate the following variables in the formula of your choice. The variables may or may not be the same value. Assume i1 represents the original interest rate. (2.5 marks)
For money amounts, round your answer to the nearest dollar. Do not include $. Do not use comma separators. For example, 123456 would be the correct format.
For percentage, round your answer to the nearest 0.001% (3dp). Do not include the % symbol. Do not use comma separators. For example, if your answer in decimal is 0.123456, 12.346 would be the correct format.
For n, show your answer as an integer (positive or negative). Do not include units like years or months (number only). Do not use comma separators. For example, 123456 would be the correct format.
PV=$Answer (0.5 mark)
i1=Answer% (0.5 mark)
i2=Answer% (0.5 mark)
n1=Answer (0.5 mark)
n2=Answer (0.5 mark)
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