1) Use the digits of your birthday as the amount of your initial investment (i.e., 6/25 is $625), calculate the value of this investment after 10 years at 3.5% APR for interest compounded yearly, quarterly, monthly, and daily. What do you notice?
2) Using the monthly inflation rates from https://www.usinflationcalculator.com/inflation/historical-inflation-rates/ find the geometric mean for the past 60 months. How does the geometric mean compare to the inflation rate you found on Worksheet 2? Is this what you expected? Why or why not?
3) What are the four major categories of securities? How are they evaluated?
4) What are your favorite and least favorite experiences in this class so far? When responding, please refrain from using names and sharing comments that are inappropriate for the discussion forum.