Question2 a. A Man invested $200 in a bank which charges an interest rate of 12% per year compounded quarterly. How much will he have in the bank after 5 years (5 marks) b. Dawu wants to buy an additional screen for his computer which is being advertised for $250 on the internet. There is an option of paying a 10% deposit and then making 24 monthly payments using a hire purchase agreement, where interest is calculated at 7.5% per annum simple interest. Calculate what Dawu s monthly payment will be ? 6 marks C. Mr Hintends to have 1 million in 5 Years time. If he is able to invest in a funder bank which charges an interest rate of 24% per annum compounded monthly. How much will be put into the fund every month (4marks)