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1. Calculate the present values of the following ordinary annuities: (a) RM5,000 every year for 8 years at 6% compounded annually. (b) (c) RM1,200 every

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1. Calculate the present values of the following ordinary annuities: (a) RM5,000 every year for 8 years at 6% compounded annually. (b) (c) RM1,200 every 6 months for 6 years at 10% compounded every 6 months. RM800 every quarter for 7 years at 12% compounded quarterly. RM600 every year for 6 years at 6% compounded annually. RM1,500 every month for 15 months at 9% compounded monthly. (d) (e)

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