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This is done through excel and I'm kind of confused of retirement Question 2: Logic and reference (5 marks) The table below shows term deposit

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This is done through excel and I'm kind of confused

image text in transcribed
of retirement Question 2: Logic and reference (5 marks) The table below shows term deposit interest rates offered by five banks. Please answer the following questions: (a) Limit the entries to the 7 terms (i.e., 1 month - 24 months) (1 mark). (b) Use functions to work out the highest interest rate for the term selected in part (a) (2 marks). (c) Use functions to work out which bank is offering this rate (2 marks). Term Deposit Interest Rates Bank 1 month 3 months 6 months 9 months 12 months 18 months 24 months Bank A 3.60% 3.70% 3.85% 3.95% 4.05% 4.03% 4.25% Bank B 3.70% 3.70% 3.80% 3.80% 3.95% 3.92% 4.10% Bank C 3.50% 3.75% 3.85% 3.85% 4.00% 4.10% 4.15% Bank D 3.60% 3.80% 3.85% 3.90% 4.00% 4.05% 4.10% Bank E 3.55% 3.65% 3.90% 3.90% 3.95% 3.95% 4.15%

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