Use excel if applicable to solve the following

4. (1 point.) Suppose a (very skilled) fund manager earns a safe return of .70% per trading day. There are 252 trading days per year. (a) What will be your annualized holding period return on $100 invested in the fund if the manager allows you to reinvest in her fund the . 70% you earn each day? (b) What will be your annualized holding period return assuming the manager puts all of your daily earnings into a zero-interest-bearing checking account and pays you everything earned at the end of the year