Calculate the future value of an ordinary annuity consisting of quarterly payments of $1200 for five years

Question:

Calculate the of an ordinary consisting of quarterly payments of $1200 for five years if the payments earn 10% compounded quarterly for the first two years and 9% compounded quarterly for the last three years.
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,... Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...