SECTION C - NUMERICAL ANALYSIS INSTRUCTION: please read the following questions carefully and write your answers clearly to each question. Show all your workings and calculations. QI [A] (1) Find the values for the following: The future value of $2,500 compounded annually for 4 years at an interest rate of 16%. The present value of $2,500 that is due in 2 year time at a discount rate of 10 percent. The present value of $55,000 that is due in 5 years' time at a discount rate of 12 percent. (11) (iii) [B] Which of the two situations below will result to a larger future value? (i) $12,000 invested for 2 years at 10 percent interest each year compounded annually, or (ii) $12,000 invested for 2 years at 5 percent interest for the first year and the balance at 15 percent interest for the second year. [C] Suppose that you opened an account with bank Muscat. What is going to be the balance in your account at the end of 10 years if you deposit $20,500 today and the account earns an interest of 4% compounded? (i) Annually (ii) Quarterly