[0/1 Points] PREVIOUS ANSWERS HARMATHAP12 6.4.009. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER A personal account earmarked as a retirement supplement contains $342,300. Suppose $300,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $6000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.) 47 X quarters Need Help? [-11 Points] HARMATHAP12 6.4.017. MY NOTES I I ASK YOUR TEACHER I I PRACTICE ANOTHER Find the present value of an annuity due that pays $4000 at the beginning of each quarter for the next 8 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cent.) $ Need Help? [-/1 Points] HARMATHAP126.4.019. MY NOTES I I ASK YOUR TEACHER I I PRACTICE ANOTHER What amount must be set aside now to generate payments of $40,000 at the beginning of each year for the next 14 years if money is worth 5.69%, compounded annually? (Round your answer to the nearest cent.) $ Need Help