Evaluate \(\frac{(2.813 \times 10^{-3} \times 1.063)}{(5.637 \times 10^{-2})}\) reducing each number to two significant figures and leaving your answer in two significant figures.
A man wishes to keep his money in a savings deposit at 25% compound interest so that after three years he can buy a car for N150,000. How much does he need to deposit?