1. A sales project at month 5 had an actual cost of $34,000, a planned cost of $42,000, and a value completed of $39,000. Calculate the CPI and SPI and explain the message they give the Program Manager.
2. You invest $1,000 at a 6% annual interest rate, stated as an APR. Interest is compounded monthly. How much will you have in 1.5 years?