Question: 1. FUTURE VALUE ANNUITY (FVA) - ORDINARY ANNUITY How much is accumulated at the end of the given period for the following stream of payment?

1.

FUTURE VALUE ANNUITY (FVA) - ORDINARY ANNUITY

How much is accumulated at the end of the given period for the following stream of payment?

A. RM500 yearly for the next 10 years compounded annually at 6.2%.

B. RM500 monthly for the next 10 years at 6.2% p.a.

C. RM5,000 annually for the next 20 years, at an interest rate of 3.33% annually.

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