Q1 (a) Give the definition of an annuity and give two examples of it. (2 marks) (CLO1:PLO2:C3) (b) Before entering university three months ago, Muthu invested RM 20000 at 8% compounded quarterly. From now on, he will withdraw the same amount every 3 months for four years. At the end of the fourth year, there will be zero balance and nothing to withdraw. How much is the withdrawal amount? (5 marks) (CLO3:PLO6:C3)