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NEED HELP.....QUESTION 1&2 PLEASEEEE Question 1 5 pts If the interest rate is 6X compounded quarterly, how long (number of quarters) does it take to
NEED HELP.....QUESTION 1&2 PLEASEEEE
Question 1 5 pts If the interest rate is 6X compounded quarterly, how long (number of quarters) does it take to eam $100 interest on an initial deposit of $300? You must keep the investmeat in the account for the entire final period Question 2 10 pts Projects A and B have first costs of $5000 and 59000, respectively Project Ahas net annual benehts of $2500 during each of its 5 year useful life, after which it can be replaced identically Project Bhas net annual benefits of $3300 during each year of its 10-year life. Use Present Worth analysis, an interest rate of 30% per year, and a 10 year analysis period to determine which project to select Please provide the present worth of the best alternativeStep by Step Solution
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