QUESTION TWO = a) You have just paid sh.6000/= into a bank account, if the bank pays you 15% per year how much will you have accumulated at the end of ten years (3 marks) - b) You intend to pay 10,000/= per year into an investment account that pays 9% per year. How much will be in the account at the end of ten years if the first Instalment is paid end of the first year. (3 Marks) c) Given (b) above, how much would you have in the account if instalments are paid at the beginning of each year (4 Marks) d) Al Shneider has promised his nephew Cletus that he will be paying the following cash at the end of every year into a trust fund as his legacy to him. If the fund pays 7% per annum. How much will be in the account at end of year five? (5 marks) Year 1. 2. 3. 4. 5. cash flows 20,000 30,000 40,000 50,000 60,000