Please use the financial formulation or method. Make it neatly. Show the step by step.Please

recheck it again, to avoid any mistakes.

Question $3$

$($a$)$ Sultan Mansur Shah plans to marry Hang Li Po but she is only available after $250$ years. To

prove that he is loyal, he deposited into the Bank of Kesultanan Melayu Melaka RM$70$ each quarter

in an account that yields $2\%$ interest compounded quarterly. Assume that both Sultan Mansur Shah

and Hang Li Po were able to live long enough.

Compute the accumulated amount after $250$ years. $(9$ marks$)$help