Question 1 (18 marks) Oshakati Limited is planning to save N$2 500 000 per year for five years. The first deposit at the which is

presently being made at the beginning of the year and all subsequent deposits, will earn interest 12%

per annum.

Required:

a) Calculate the future value for this annuity if interest is compounded semi-annually. (6 marks)

b) Calculate the future value for this annuity if interest is compounded quarterly. (6 marks)

c) How would your answer in part a) have changed if the initial deposit was not made until the end

of the first year? (6 marks)​

Consider the market for gas-powered small cars. assume gas-powered small cars are a normal good. for each of the following events, identify which of the determinants of demand or supply are affected. if demand is unaffected by this event because it creates only a supply change, select the “none” option under the “demand determinant” column. similarly, if supply is unaffected by this event because it creates only a demand change, select the “none” option under the “supply determinant” column. event demand determinant supply determinant people decide to have more children. the price of electric small cars falls. the discovery of a new source of iron ore lowers steel prices. an economic recession lowers people’s wealth. a number of major car dealers decide to switch from selling gas-powered cars to selling electric cars. show the effect of the following event on the market for gas-powered small cars: people decide to have more children for each of the four independent situations, prepare the journal entries to record the exchange on the books of each company.