Question: could you answer 10 please 9. Future Values problem: [3] You place $27,500 in a term account which pays 3.6% interest per year, compounded every
9. Future Values problem: [3] You place $27,500 in a term account which pays 3.6% interest per year, compounded every week (assume 52 weeks per year). Compute the future value of this investment after 12 years. [2] What is the Growth Rate of this investment every 3 years (d = 3)? 10. Consider the performance of a stock price over the span of a few decades. In April 1960, the stock was worth $0.25. Sixty years later, in April 2020, the stock's price is now $150. a. [3] Assume exponential growth and find the function of the form y = Ab* consistent with the data in the problem. In this context, "x" corresponds to years elapsed after January 1996. b. [2] Determine the annual growth rate of the fund in the time period quoted above. c. [3] What nominal rate, compounded continuously, would be necessary to obtain such an annual growth rate? d. [2] What nominal rate, compounded every other month (every 2 months), would be necessary to obtain such an annual growth rate? 11. [1] Correctly identify the curve y = 3* from the lot of curves plotted on the next page. Note that the graph is plotted on its side. 12. You borrow $250,000 to start a business. The terms of the loan are as follows: a 20-year term has been agreed to, with installments to be paid every second week (every 2 weeks). The annual rate of interest is 3.6%. Assume 52 weeks in a vear
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