1.On January 1, 2019, Philip Holding invests $40,000 in an annuity to provide 8 equal semi-annual payments. Interest is 10%, compounded semiannually.

Round your answers to two decimal places.

Required:

Compute the equal semiannual amounts that Philip will receive assuming that the first withdrawal is to be received on:

1.July 1, 2019

$

2.January 1, 2019

$

3.July 1, 2022

$

4.January 1, 2024

$