Choose one financial institution (e.g. Bank of Lloyds, TSB, etc.) and collect the details of one of their savings accounts and mortgage rates (you can either visit one branch of your chosen financial institution or collect the information, if available, on the financial institution website). You must attach to your submission the details of the savings account and the mortgages. 1. Assuming that you deposit $10,000 in the saving account today, how much money will you have in this account after 15 years? [5 marks] 2. Your friend John is considering to buy a house. He has a $20,000 deposit and he will ask for a mortgage which he intends to repay with monthly payments of $1,000 for 30 years. Considering the offered fixed mortgage rates, which house price can John afford? [10 marks] 3. Now consider that John wants to use the "Help to Buy" scheme, where the government will help you with 25% of the price of the house without any charges up to 5 years. Assuming that John is going to purchase the same house in part 2, how much he should pay monthly for the mortgage? [5 marks]