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Show formulation ( including factors ) / calculations. Answers should be given to nearest cent for $ amounts, and to 2 decimal points for %
Show formulation including factors calculations. Answers should be given to nearest cent for $ amounts, and to decimal points for eg and decimal places for any other numeric values. If Excel is used for calculations, include the Excel formulas used.
A An investment has an APR of per year, compounded monthly. Calculate the effective rate per quarter.
B Calculate the annual ROR on the following cash flows ie the effective interest rate that makes the PW
C For an investment fund, you make quarterly payments of $ into the fund. The fund earns interest per
year, compounded quarterly. What is amount in the fund at the end of years?
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