QUESTION 3 (10 MARKS) (a) Assume that you will deposit RM10.000 into savings account that pays 8 percent. If the bank compounds interest annually. How much you have in your account, in 4 years from now? (2 marks) (b) What would your balance in 4 years-time be, if the bank used annually compounding? (2 marks) (c) Supposed you deposited the RM10,000 in 4 payments of RM2500 each year for 4 years. How much would you have in your account on based on 8 percent annual compounding? (3 marks) (d) Supposed you deposited 4 equal payments in your account on each year for 4 years. Assuming an 8 percent interest rate, how large would each of your payments have to be for you to obtain the same ending balance as you calculated in part (a)