Assignment Questions [10 Marks] What are the different types of risks the banks and other financial institutions are exposed to? [2 Marks] What are the Asset-Liability Management Strategies? Explain. [2 Marks] Explain the loanable fund theory of Interest Rate Determination. [2 Marks] What are the different types of derivatives? Take an example and explain […]
Use the compound interest formula: where r is the interest rate as a decimal, n is the number of times it is compounded in the time frame, t is the amount of time, and P is the starting value. Calculate your balance if you invest $1,000 for 1 year.
Financial Report Worksheet Directions: Complete the financial report worksheet to help you with your calculations to create the APA report. 1. Go to your financial institution’s website or a local financial institution’s website and find the interest rate and compounding frequency (monthly, quarterly, annually, and so on) for a savings account. Record that here: 2. […]