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(b) Nur Amanina wishes to select the better of two 10-year annuities, C and D. Annuity C is an ordinary annuity of RM2,500 per year

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(b) Nur Amanina wishes to select the better of two 10-year annuities, C and D. Annuity C is an ordinary annuity of RM2,500 per year for 10 years. Annuity D is an annuity due of RM2,200 per year for 10 years. Calculate the future value of both annuities, C and D at the end of year 10, assuming that she can earn: (i) 10% annual interest (6 marks) (ii) 20% annual interest. (6 marks)

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