1. Assume that you deposit $8,235.39 each year for the next 15 years into an account that pays a nominal annual rate of 16.5 percent. The first deposit will occur exactly one year from today (that is, at t = 1) and the last deposit will occur exactly 15 years from today (that is, at t = 15). How much money will be in the account 15 years from today? (Assume it compounds annually)
2. What factors would a company going public take into consideration when deciding on which stock exchange to list? Provide your own examples and also answer the following questions: Why is Tesla listed on NASDAQ while most all other car companies are listed on NYSE? In addition, if the start-up Goldieblox went public, which exchange would you recommend for the company?