a) (4 marks) You deposit $500 into an account earning j12 = 3.6% at the beginning of every month for two years (first deposit made today). How much will you have accumulated at the end of 4 years (i.e. 4 years from today)? b) (4 marks) A student wins a national scholarship worth $60,000. Instead of taking the lump sum amount they choose to be paid by 48 monthly payments of $R, with first payment to be made 4 months from now. If j12 = 6%, what is the monthly payment