Answer:
the three-month weighted moving average forecast is 9.62%
Step-by-step explanation:
The computation of the three-month weighted moving average forecast is shown below:
= Weight Ă— rate of interest + Weight Ă— rate of interest + Weight Ă— rate of interest
= (0.2 Ă— 9.7) + (0.4 Ă— 9.6) + (0.4 Ă— 9.6)
= 9.62%
Hence, the three-month weighted moving average forecast is 9.62%
We simply applied the above formula so that the correct value could come
And, the same is to be considered