A 55000 bond is purchased for a five-year period when interest rates are 20%. At the same time 5000 is put on deposit at a bank and 1000 withdrawn from the account at the end of each year. Compare the return from the investment in the bond with that from the bank if the bank offers:

(a) A 20% rate of interest compounded annually.

(6) A 5% rate of interest compounded annually.

(c) A 30% rate of interest compounded annually.