QUESTION 2 on 4 saved out of $5,000 is deposited today into a bank account. The account earns 6.9% per annum compounded half yearly for the first 4 years, the 8.4% per annum compounded quarterly thereafter. Assuming no further deposits or withdrawals are made, 2 (a) Calculate the account balance six months from today. Answer: 5172.50 stion 5 wer saved ked out of $5,000 is deposited today into a bank account. The account earns 6.9% per annum compounded half yearly for the first 4 years, then 8.4% per annum compounded quarterly thereafter. Assuming no further deposits or withdrawals are made, Flag (b) Calculate the account balance 4 years from today. estion Answer: 6558.64 $5,000 is deposited today into a bank account. The account earns 6.99 per annum compounded half yearly for the start then 8.4% per annum compounded quarterly thereafter. Assuming no further deposits or withdrawals are made Question 6 saved Wawed out 56 fa When (a) Calculate the account balance 4.5 years from today