finance-Bank A pays 8.6 percent compounded weekly on all deposits.

QUESTION

I’m having trouble with these homewrok questions: And could someone show the work for these?1.Bank A pays 8.6 percent compounded weekly on all deposits. What is the effective rate?A.8.436%B.8.322%C.8.031%D.8.973%E.8.839%F.8.192%G.8.668%H.9.089%2.ICC, Inc. (ICC) had sales of $300,000 on which it earned net income of $18,000. Its total debt is $45,000 and total equity is $84,000. Last year, ICC paid dividends of $6,000. If the total debt ratio remains constant and the company grows at the sustainable growth rate in the coming year, how much new borrowing will take place?A.$16,200B.$7,500C.$12,750D.$30,250E.$20,357F.$9,882G.$27,720H.$25,3853.You opened an account with an investment of $51,000. The value of the account quadrupled in 18 years. If interest was compounded quarterly, what rate per quarter did you earn on the account?A.1.6640%B.1.3165%C.1.4545%D.1.8479%E.1.1510%F.2.3374%G.1.5376%H.1.9441%

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