2. An investor deposits R100 into an account which offers 12% p.a. interest compounded monthly. i. Find the value of the investment at the end of year 10?. (3 Marks) 3. You deposit R10 000 in a bank account which is paying 4.8% per year, interest compounded annually. i. How much will you have accumulated in the account in 5 years' time? (3 Marks) ii. What will you have accumulated if interest is compounded monthly? (5 Marks) Hint Remember to convert the Annual rate to monthly rate