Annuity a. Calculate the future value of a 15-year annuity payment of RM1500 per year, paid at the end of each year at a rate of 7%. If the payment is made at the beginning of the year, recalculate the future value. Amortization b. May plan to make a loan of RM50,000 with annual interest rate of 5%. She needs to repay the loan in the next 5 years in equal payments. Find how much annual payment she needs to make and prepare an amortization schedule for the loan. C. What would be the equal annual end-of-year payments necessary to amortize fully a RM5,000, 5% loan over five years