Q2. (a) You deposit Rs 100,000 in an account that earns 6% per year, compounded annually. If you withdraw one half of the annual interest at the end of each year, what will be the balance in the account at the end of 3 years? (b) You have decided to start saving for a new car. You know that you can get the car you want for $6500. So, you discipline yourself to deposit $1500 at the end of each year for four years in an account that earns 7% interest. Will you have enough money to buy your car at the end of four years? ['yes' or 'no' are not suffice, you have to show reasoning.] (c) Real estate prices in Karachi have been increasing at an average rate of 10.5% per year. How long will it take for the current prices to increase by 100%? (assuming that the prices continue to increase at the same rate)