1. You’re prepared to make monthly payments of $300, beginning at the end of this month, into an account that pays 7.1 percent interest compounded monthly. How many payments will you have made when your account balance reaches $21,000?
2. How do Consulting services like McKenzy calculate their depreciation given they do not have tangible assets to depreciate
3. How do you compute the expected return and standard deviation for the following? Probability. Return 0.15 - 3% 0.3 2% 0.4 4% 0.15 6%