Exercise 5 Find the balance after three years if an amount of 100 SEK is deposit in a bank paying. (i) 10% annual interest rate (ii) interest rate of 10% per annum (p.a.) with annual compounding (iii) interest rate of 10% p.a. with semiannual compounding (iv) interest rate of 10% p.a. with monthly compounding (v) interest rate of 10% p.a. with daily compounding (365 days) (vi) interest rate of 10% p.a. continuously compounding