a.It is now January 1. You plan to make a deposit of GH100 each, one every 6 months, with the first payment being made today. The bank pays a nominal interest rate of 12% but uses semiannual compounding. You plan to leave the money in the bank for 10 years. How much will be in your account after 10 years?

At the end of 10 years, how much is a GH100 initial deposit worth, assuming an annual interest rate of 10 percent compounded (i) annually? (ii) semiannually? (iii) quarterly