Question: please show manual calculation process and not just an excel sheet, would be much appreciated ! 1. An investment of $500 is made at the

 please show manual calculation process and not just an excel sheet,

please show manual calculation process and not just an excel sheet, would be much appreciated !

1. An investment of $500 is made at the end of the first year, $1000 at the end of the second year, $700 at the end of the third year and $100 at the end of the fourth year. Spot rates are si = 2.5%, 52 = 3.0%, $3 = 3.5%, and s4 = 4.0%. (i) What is the present value A and the accumulated value of these investments? Answers: A = $2147.24 and S = $2432.76 the end of the fourth year, what annual yield rate is earned over the four year period? Answer: 3.10% (ii) If someone invests the present value A at the beginning of the first year and receives in payment these four investments, what annual rate of interest has he or she earned over the four year period? Answer: 3.23% (iv) If the amount A is invested at the beginning of the first year and the amount S is returned at the end of the fourth year, what annual yield rate has been earned over the four year period? Answer: 3.170%

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