a) Liam deposits $4,500 into his savings account today earning interest of 3% p.a. compounded monthly. Calculate the interest on interest he earns over the next 3 years if there is no other deposit or withdrawal to his account. Round your answer to the nearest cent. b) Emma borrows $33,000 from the bank today. The bank charges interest at 4.2% p.a. compounded quarterly for the first 3 years and 6% p.a. compounded half yearly thereafter. How much should she repay in 7 years? Round your answer to the nearest cent

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Source of investments

A start-up business requires high investment along with its objectives, vision, mission, and business plan for the growth of the business. Investment is highly required for funding assets, working capital, and other operations of the business. An investment fund can be raised from various sources. Investment sources assist businesses to achieve their financial goals and support businesses to sustain and grow. Investors are willing to invest in businesses if adequate returns are entitled from the investments. Portfolio methods and risk evaluating measurements are utilized by investors to identify the best investment option.