Question: Engineering econmics Can you solve all please , i need help Problem Statement: Solve the following problems manually and then check your answers with the

Engineering econmics

Can you solve all please , i need help

Problem Statement: Solve the following problems manually and then check your answers

with the appropriate financial function in Excel 1) NOMINAL function - What

quarterly interest rate is equivalent to an effective annual rate of 8%

Problem Statement: Solve the following problems manually and then check your answers with the appropriate financial function in Excel 1) NOMINAL function - What quarterly interest rate is equivalent to an effective annual rate of 8% per year, compounded quarterly'? 2) EFFECT function - What effective interest rate per quarter is equivalent to a nominal 12% per year, compounded monthly? 3) RATE function - If $5000 is invested now in a franchise that promises the investment will be worth $10,000 in 3 years, what is the earned rate of return

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