What is the value of roberts fund if he earns an interest, Financial Management

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What is the value of roberts fund if he earns an interest

1. For one year, Robert deposits 300 at the beginning of odd months (Jan, Mar, etc) and withdraws 250 at the beginning of even months (Feb, Apr, etc). At the end of December, what is the value of Robert's fund if he earns an interest rate of 6.3% convertible monthly?

2. Money in an account earns 7% simple interest per year. What is the effective rate of interest for the time interval [3,4]?

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Financial Management: What is the value of roberts fund if he earns an interest

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Financial Management: What is the value of roberts fund if he earns an interest

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