QUESTION TWO a) Chimamnga Chatu Cooperative obtains contributions from its members each year end which it invests in fixed deposit account with Mpamvu Capital Bank at 16% compound interest per annum as follows: year one K15,000,000;year two K14,000,000;year three K11,300,000 and year four K20,500,000.Calculate the accumulated sum of this investment at the end of year 6. (5 Marks) b) Mutemwa Contractors & Engineers Ltd has agreed to be paid an immediate down payment of K2.5 million to construct a road. The total contract price is K12.5 million. The balance will be paid in two installments with K4.0million to be paid at the end of the year 1 and the remaining balance at the end of year 3. Assuming that interest rates in the market were 9% per annum. Calculate the present value of the contract if the contractor wished to be paid the whole amount today? (5 marks) c) Financial intermediaries in an economy include among others commercial banks, pension funds, and insurance companies. Explain the different roles that each of the mentioned intermediaries plays in the financial system. (10 marks)