Star wins a lottery where she can choose either to receive a lump sum of Shs. 3,000,000 now, or an annual payment of Shs. 76,500 at the beginning of every year for the next 10 years. Assuming an interest rate of 12% per annum advise Star on the best option. (4 Marks) b) You the investment Manager of Rislly are Investments. You are planning to invest a total of Limited Ksh.12, 400,000 into a fund attracting a compound interest of 26%. Calculate the amount in the account in 4 years if it is compounded: (6 Marks) i. Annually ii. Semi-annually iii. Quarterly iv. Monthly v. Weekly vi. Daily​

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u. s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.