Q1 (a) (b) Maisarah has just completed her STPM and has received an academic award for RM5,000. She would like to deposit the money in an interest earning account until she graduates from UTHM which are four years from now. In her search for the highest interest earning account, she has narrowed the list down to the following two banks: Bank A: pays 9 percent interest compounded annually Bank B: pays 8 percent interest compounded semiannually. Identify which bank will give her the better offer. (4 marks) 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) (iii) Advise Nur Amanina on which annuity option should be selected with justification based on Q1(b)(i) and Q1(b)(ii). (4 marks) Table Q1(d) shows the investment options that Gina can choose. The purchase price, the amount of the single cash inflow, its year of receipt, and the interest rate are given for each investment Table Q1(d): Investment Options (c) Investment Elite Prudeen Marriot Avengers Price (RM) 30 000 20 000 15 000 12 000 Single Cash Inflow (RM) 5 000 10 000 9 000 25 000 Year of Receipt 5 10 8 12 Interest (%) 6 5 10 8 Determine which investment is the best for Gina to choose based on the given information in Table Q1(d), (12 marle