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(i) What is the present value of a project that will be worth $1600 in...

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Accounting

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(i) What is the present value of a project that will be worth $1600 in 10 years, if the riskfree rate of return is 15% and interest is compounded annually? [3] (ii) What will $700 be worth in 13 weeks, if interest is compounded continuously and the continuously compounded rate of return is 12% ? (iii) Determine the effective annual interest rate if an investment of $100 grew to $150 after 6 years and interest was compounded every 3 years

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