Mother Earth is under attack! There are enemies swarming from a galaxy, far far away. You decide to join the battle for mother Earth. After some years, you decide to retire from endless fights and live peacefully for the rest of your life. You decide to deposit 1000 gold to a bank that earns you the most interest for a 20-year period. You have three options to choose from: Bank of Orgrimmar, Bank of Stormwind and Bank of Ironforge. Each of the banks have different payment plans to choose from as given below: Bank of Orgrimmar: Deposit 1000 gold now (year O), then for the next 20 years the bank suggests a rate of 3% compounded annually. Bank of Stormwind: Deposit 50 gold at the end of each quarter for the first 5 years. Then, for the next 15 years, the bank suggests a rate of 5% compounded quarterly. Bank of Ironforge: Deposit 100 gold at the end of each year for the first 10 years. Then for the next 10 years, the bank suggests a rate of 4% with continuous compounding. a-) Which bank should you deposit your gold? b-) Would it make more sense to take your gold with you and make no deposits to any of the banks? Make your own assumptions while answering this question C-) Bank of Ironforge does something uncommon, so make your own counteroffer to this bank! Mother Earth is under attack! There are enemies swarming from a galaxy, far far away. You decide to join the battle for mother Earth. After some years, you decide to retire from endless fights and live peacefully for the rest of your life. You decide to deposit 1000 gold to a bank that earns you the most interest for a 20-year period. You have three options to choose from: Bank of Orgrimmar, Bank of Stormwind and Bank of Ironforge. Each of the banks have different payment plans to choose from as given below: Bank of Orgrimmar: Deposit 1000 gold now (year O), then for the next 20 years the bank suggests a rate of 3% compounded annually. Bank of Stormwind: Deposit 50 gold at the end of each quarter for the first 5 years. Then, for the next 15 years, the bank suggests a rate of 5% compounded quarterly. Bank of Ironforge: Deposit 100 gold at the end of each year for the first 10 years. Then for the next 10 years, the bank suggests a rate of 4% with continuous compounding. a-) Which bank should you deposit your gold? b-) Would it make more sense to take your gold with you and make no deposits to any of the banks? Make your own assumptions while answering this question C-) Bank of Ironforge does something uncommon, so make your own counteroffer to this bank