Business Analysis:
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Assignment 5 Hints

1. Use the simple interest formula
   I=PRT
2. Use The formula R=I/PR
3. Use the simple interest formula
4. Use the formula I=PRT and add that to the regular amount
5. Use the formula I=PRT, True rate = discount rate / price – discount

Assignment 6 Hints

1. a. FV = PV(1 + R/12)6
   b. FV – 4K
   c. Effective rate = (1 + R/12)12 – 1
2. a. FV = PV(1 + R/365)183
   b. FV – 4K
   c. Effective rate = (1 + R/365)365 – 1
3. Recommendation