11. Charmaine invests $50 000 at 11.2%/a compounded quarterly for her retirement. Charmaine's financial advisor tells her that she should take out a regular amount quarterly when she retires. If Charmaine has 20 years until she retires and wants to use the investment for recreation for the first 10 years of retirement, what is the maximum quarterly withdrawal she can make? 12. Complete the following table. Show all work to justify your answers. Present Future Value ($) Value ($) Term (years) Compounding Period Annual Interest Rate 12 000 b) 8 000 6 000 1 340 5 10 c) 13 000 2 000 1 d) 100 000 1 000 00 monthly semi-annually quarterly semi-annually monthly quarterly e) 4000 6 8 3 5.5 w00 3 f) 25 000 8 For each question below, provide well-organized solutions showing all required steps. While calculators may be used for numerical calculations, other mathematical steps must be shown and justified in your written solutions and specific marks may be allocated for these steps. Be sure to demonstrate your understanding of the grade 11 course material by justifying your answers using the knowledge and skills learned in our class