(Solved): Ahmad just received good news of newborn of his son. Since Ahmad is financially savvy, he wanted to ...

Ahmad just received good news of newborn of his son. Since Ahmad is financially savvy, he wanted to prepare early for his son education. Starting today, he invest RM1,000 every quarter in an education funds that pays an annual return of 18% per annum. Calculate how much would this education funds yield when his son reached 18 years old?