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Task 1 . A customer in a bank withdrew PLN 1 0 0 0 0 from a savings account after 3 years. The nominal interest

Task 1. A customer in a bank withdrew PLN 10000 from a savings account after 3 years. The nominal interest rate was
3.5%. The deposit lasted 3 years. For the last 15 months a simple interest rate method was used, before that for 9 months
a compound interest rate, and at the beginning a continuous compounding interest rate (after each change in the interest
rate method the profits were credited to the account balance). Please calculate how much was saved at the beginning of
this deposit.
Task 2. Calculate the difference in the diminishing monthly payment for a TV worth PLN 3,500 purchased for a loan if
the purchase commission of PLN 100+0.8% of the value of the goods is paid "out of pocket" at the beginning (in
advance) compared to the situation where the commission is included in the monthly payment (a credited commission).
Assume there are 10 instalments and the interest rate is 12%(with monthly capitalisation).
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