. A person invests $5000 at the beginning of a year in a savings account that offers a return of 4.5% compounded annually. At the beginning of each subsequent year an additional $1000 is invested in the account. How much will there be in the account at the end of ten years? Annunn h ... C100 000 - the hari of a ver and agrees to renay the loan in 8. A person wishes to save a regular amount at the beginning of each month in order to buy a car in 18 months' time. An account offers a return of 4.8% compounded monthly Work out the monthly savings if the total amount saved at the end of 18 months is $18 000.1