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1) Find the accumulated value of 8 annual deposits of $590 one year after the last deposit, at an effective annual interest rate of 3%

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1) Find the accumulated value of 8 annual deposits of $590 one year after the last deposit, at an effective annual interest rate of 3%.

2)An investment fund is established at time 0 with a deposit of 5,000. 1,000 is added at the end of four months, and an additional 4,000 is added at the end of 8 months. No withdrawals are made. The fund value, including interest, is 10,560 at the end of 1 year. 

3)The weighted average approach is central to____

a.Both compensatory and non compensatory decisions.a.

b.Compensatory decisions.

c. Non compensatory decisions.

d. Non systematic market selection.