2.1 Passion Java is a project finance trainee who invested R25 000 in a savings account at 10% per annum compounded semi-annually for a period of 4 years. Calculate the interest earned by Passion Java over the investment horizon. (3 marks) 2.2 White Moon Ltd produces children's toys and aims to diversify its product lines as its core product lines are experiencing sluggish growth. The company needs to obtain a new machine to manufacture a new range of wooden blocks. It has secured a 5-year financing deal with a local bank paying a before cost of debt of 10 percent interest per annum with equal annual instalments. The machine cost R1000000. Construct an amortisation schedule for this financing deal. 2.3 Masuku Ltd is evaluating a 5-year project with an operating (before tax) profit of R100000 in the first year. The annual profit is expected to increase by 8% per year over the life of the project. The initial cost of the investment is R900 000. From year 1 to year 5 , depreciation of R200 000 will be considered. The company's WACC is 15% and a tax rate of 28% applies. Required