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A company borrows $35,000 and agrees to make semi-annual payments for 6 years. If rates are (2) = 10.6%, what are the semi-annual payments? Deposits

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A company borrows $35,000 and agrees to make semi-annual payments for 6 years. If rates are (2) = 10.6%, what are the semi-annual payments? Deposits of $290 are made annually into an account earning (1) = 8.3%. What is the accumulated value right after the 22th deposit is made? Assume the first deposit is made in 1 year.

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