a) A loan of RM350,000 is to be repaid by the sinking fund method with annual payments. Interest on the loan is paid at 6% annual effective rate of interest and the sinking fund earns 4% annual effective interest. The first payment is RM31,000, the second is RM36,000, and the payments alternate between RM31,000 and RM36,000 until there have been a total of fourteen payments. After that the total annual payments will be level at RM31,000 until a final smaller annual payment suffices to pay off the loan. Find the amount of the final sinking fund deposit (10 marks) a) A loan of RM350,000 is to be repaid by the sinking fund method with annual payments. Interest on the loan is paid at 6% annual effective rate of interest and the sinking fund earns 4% annual effective interest. The first payment is RM31,000, the second is RM36,000, and the payments alternate between RM31,000 and RM36,000 until there have been a total of fourteen payments. After that the total annual payments will be level at RM31,000 until a final smaller annual payment suffices to pay off the loan. Find the amount of the final sinking fund deposit (10 marks)