7 Roger Fox made deposits of $900 semiannually to Reed Bank which pays 6% interest compounded semiannually. After 7 years Roger made no more deposits. What will be the balance in the account 8 years later from the last deposit? 8 Jim Hunter decided to retire to Florida in 10 years. What amount should Jim invest today so that he will be able to withdraw $25,000 at the end of each year for 30 years after he retires. Assume he can invest money at 9% interest compounded annually