1 A father is investing 1000 , months into a insurance for his son. According to the contract the insurance company will apply 12 % annual interest to the payments and 5 years later the son will be able to withdraw the money Compute the amount accumulated in this account at the end of the 5th year . 2A person got loan of 200.000 from Bank A 12 annual interest rate. The bond will be repaid in 24 months with equal instalmente 4 Months later he learned that he could the loan from bank Bank B, at 11% Interest rate Bank 8, conceded to the request Therefore he will pay back the loan to Bank A and get the same amount of loan from Bank B. What the amount of loan to be paid back to Bank A? Prepare a bank amortization table showing the remainder of the loan at the end of the 4th month

2. A person got a fan of 200.000 from Bank A at 12 % annual Interest rate. The be will be repaid in 24 months with equal Instalments. 4 Months later he leamed that could get the same amount of loan from bank Bank 8, at 11 % Interest rate Bank B conceded to the request. Therefore he will pay back the loan to Bank A and get the same amount of loan from Bank B. What is the amount of loan to be paid back to