a. Afrina deposited RM250 every two months for the period of years. The

interest is compounded every 2 months at the rate of 10%. What is the

future value of this annuity at the end of the investment period?

(3m)

b. RM300 was invested each month in an account that pays 8%

compounded monthly for three years. After three years, no more deposit

was made. Find the future value of the account at the end of seven years.

(4m)

c. Maria deposited RM 350 every month for five years. For the first two

years, she was offered 5% which compounded monthly and the other

10% compounded quarterly for the rest of the period. Find the

accumulated amount at the end of five years.