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please USE EXCIL to answer (c) note, the ID is: 20F20203 Task 3: Answer the following: a. Waleed wants to find out the annual rate
please USE EXCIL to answer (c) note, the ID is: 20F20203 Task 3: Answer the following: a. Waleed wants to find out the annual rate of interest, will a principal RO D to amount to ROB in A years? (10 Marks) b. Saif is planning to buy a house in A years. He wants to invest RO D now and hopes to have ROB to spend on the house when he buys it. What kind of interest rate would he need if his investment is compounded monthly? (15 Marks) c. By using Excel, solve the following: (Note provide a screenshot of your work) If you have R.O. B and you want to make a small business that will provide you a steady income for A year. Currently, banks are paying A % compound interest on the annual basis. How much would you be able to receive at the end of each year? (5 Marks) Note that Bis last four-digit number, D is last three-digit number and A is first two-digit number (before English alphabet letter) from your college ID
note, the ID is: 20F20203
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