Question: question 2 and 3 a) I = ?, P = $800, r = 10%, t = 6 years b) 1 - $37.92, P = ?,

question 2 and 3 a) I = ?, P = $800,

question 2 and 3

a) I = ?, P = $800, r = 10%, t = 6 years b) 1 - $37.92, P = ?, r = 5%, t = 8 months 4K 2. If an investment offers an interest rate of 9% per annum, compounded monthly, determine the rate per compounding period, 1. ZK If an investment is compounded semi-annually for 6 years, determine the total number of compounding periods, n. 2K

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