Given the following table about monthly total expenditure in 2010 for an economy expressed in thousands of Canadian dollars:

1) What is the total expenditure for January 2010 in millions of CAD (answer w/ all decimals)?

2) What is the total expenditure for January 2010 in thousands of US dollars (USD) if the exchange rate is 1.31 CAD/USD? Round to the nearest first decimal.

3) What is the monthly growth rate between March 2010 and April 2010 in percentage? Round to the nearest second decimal.

4) What is the monthly growth rate between Oct 2010 and Nov 2010 in percentage using the log approximation? Round your answer to the nearest 2nd decimal.

5) What is the annualized growth rate in percentage between January and February 2010 using the exact formula? Round to 2 decimal places.

6) What is the annualized growth rate in percentage between November and December 2010 using the approximation formula? Round to 2 decimal places.

For these questions, I'm not really sure about my answers. Also, I'm not sure what certain terms mean (e.g. annualized growth rate) and so I'm unfamiliar with what formulas I should use.

Month Value Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 185.1 192.2 199.6 207.3 215.3 223.6 232.3 241.3 250.7 260.5 270.6 281.2