Question 6 1 pts A company deposits $10000 into its bank account where it earns an interest of 0.99 % per annum (pa) compounded yearly. 1. What is the account balance

at the end of the 10th year? Check using Excel and using the mathematical formula for Future Worth. Enter answer in the Answer Box below 2. What is Future Worth if the interest is 1% pa but compounded monthly? What is the Effective Annual Percentage Rate (APR) in this case? Check using Excel and the formula Submit your solution with details under HW1 Part2 assignment