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Question 1 Not yet saved Macked out of 3.00 P Flag question 900 900 Billy will make 10 half-yearly deposits of $900 starting in 6

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Question 1 Not yet saved Macked out of 3.00 P Flag question 900 900 Billy will make 10 half-yearly deposits of $900 starting in 6 months time. The bank pays interest at 45% pa compounded half- yearly for the first 3 years and 55% pa.compounded half-yearly thereafter. Billy wants to use the following equation to find his bank balance in 7 years FV = *(1 + i" 1) *(1 +12)*+(1+is)" - 1)*(1 + i)** Calculate the following variables in the equation. The variables may or may not be the same value For percentage round your answer to the nearest 0,001% 20%. Do not include the symbol. Do not use comma separators. For example, if your answer in decimal is 0.123456, 12,346 would be the correct format Forn, show your answer as an integer (positive or negative). Do not include units like "years" or "months" (number only). Do not use comma separators, For example, 123456 would be the correct format. % (0.5 mark) 1- % (0.5 mark) (0.5 mark) ng (0.5 marki ny (0.5 mark) (0.5 mark)

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