Overview
1. You can work alone or in a group, but make sure to have an individual submission to canvas.
2. You must submit your HW answers using the Excel HW template ‘sridhar-fall2025-mgt3062_hw2-
template.xlsx’
3. If you work with others, please put their names at the beginning of your HW. There is place to do so at the top
of the Excel HW ‘COVER SHEET’.
4. If you use AI in any way, please cite your resource at the beginning of your HW. There is place to do so at the
top of the Excel HW ‘COVER SHEET’.
5. You must complete the Excel HW ‘COVER SHEET’ with all your final answers. Failure to do so will result in a
10-point deducƟon from your HW grade.
6. Unless otherwise stated, assume compound interest.
7. Unless otherwise stated, do not round in intermediate steps.
8. Unless otherwise stated, round your final answer to two decimal places.
9. Be sure to show all your work. You will not receive credit unless your work is shown, but you will receive most
of the credit if your approach is correct even with a final answer that is not. You can write out your thinking
directly on Excel
10. Later parts of some quesƟons someƟmes build on earlier ones. If you show your work, and your methodology
in later parts are correct, you will sƟll get full credit for those even if the answers to previous parts were incorrect.
11. Make sure to upload your homework on Canvas before 8am, Tuesday, September 9th.
This homework is worth a total of 50 points.