Q1) What is the effective rate of 2.5% compounded quarterly? Q2)In order for [X 0.7] to be a transition matrix, what would the value of x have to ..............................[ 0.2 0.8 ] Q3)$6,250 is invested at 5.1% compounded monthly for six years. Find the amount at the end of eight years. hi guys can someone help me with these questions and please show your work for me to understand it thanks