Question: *PLEASE SOLVE MANUALLY NOT USING EXCEL* Raisha will be turning 18 years old on 8th of July 2021. Her father has purchased an annuity for

 *PLEASE SOLVE MANUALLY NOT USING EXCEL* Raisha will be turning 18

*PLEASE SOLVE MANUALLY NOT USING EXCEL*

Raisha will be turning 18 years old on 8th of July 2021. Her father has purchased an annuity for Raisha as her pocket money during university years and the annuity payment will only start commencing on her 18th birthday. She will be receiving RM 1,500 every quarter throughout her 25th birthday, inclusive. Given i = 6%, calculate: i) The number of payments Raisha will receive her pocket money. ii) The value of the annuity on 1st October 2020. iii) The total accumulated amount of Raishas pocket money as at Raishas 25th birthday. iv) The value of the annuity as at 1st January 2030.

b) Raisha will be turning 18 years old on 8th of July 2021. Her father has purchased an annuity for Raisha as her pocket money during university years and the annuity payment will only start commencing on her 18th birthday. She will be receiving RM 1,500 every quarter throughout her 25th birthday, inclusive. Given (1) 6%, calculate: i) ii) The number of payments Raisha will receive her pocket money. The value of the annuity on 1st October 2020. The total accumulated amount of Raisha's pocket money as at Raisha's 25th birthday. The value of the annuity as at 14 January 2030. (7 Marks) iv) b) Raisha will be turning 18 years old on 8th of July 2021. Her father has purchased an annuity for Raisha as her pocket money during university years and the annuity payment will only start commencing on her 18th birthday. She will be receiving RM 1,500 every quarter throughout her 25th birthday, inclusive. Given (1) 6%, calculate: i) ii) The number of payments Raisha will receive her pocket money. The value of the annuity on 1st October 2020. The total accumulated amount of Raisha's pocket money as at Raisha's 25th birthday. The value of the annuity as at 14 January 2030. (7 Marks) iv)

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