QUESTION NO.1

a) Shane invests $60 every month, beginning 30 April 2019 into an account that pays 9% compounded monthly. Find the amount in the account immediately after she deposits the last $60 on 30 September 2022.

b) Halimi invests RM300 every three months for four years. He is offered-

1.) 5% compounded quarterly for the first two years, and

2.) 8% compounded quarterly for the rest of the period.

Subject: Annuity

I would like to have very clear and explained answer so that I can learn from it. Thank You.