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Full steps The monthly revenue of an operation is $10000. Consider a nominal interest...

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Accounting

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The monthly revenue of an operation is $10000. Consider a nominal interest rate of 9.54% per year compounded weekly. What would the equivalent monthly revenue be the next 5 years in the following two situations? A- The monthly revenue goes up by $300 over the previous month's revenue every month. Use arithmetic series formulas in your calculations B- The monthly revenue goes up by 1% over his pervious month. Use geometric series formulas in your calculations. Do not forget to draw cash flow diagrams. Calculate four digits after the decimal point for interest (e.g 0.12847=12.85%)

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