1. To provide for future education cost a family considers varies methods of savings. Assume saving will continue for a period of 10 years at an interest rate of 7.5% per annum. (a) Calculate the value of the fund at the end of 10 years when a single deposit of K3000 is made annually. (b) How much should be deposited each year if the final value of the fund 50000 2. A loan of k250,000 is to be paid off in 4 years at an interest rate of 15% compounded semiannually. (a) Compute the monthly prepayment amount (b) Prepare an amortization schedule