a.) When his aunt died, Ariel inherited an annuity paying $18,000 every year into a savings account for eight years. The terms of the will state that he cannot withdraw any money for the first

eight years, and then he can withdraw equal amounts at the end of each year for nine years. If interest is 4.48% compounded annually, what will be the size of each withdrawal?

Each withdrawal is $_______

b.) Karmen borrowed $5611.00 compounded sei-annually to help finance her education. She contracted to repay the loan in semi-annual payments of $332.00 each. If the payments are due at the end of every 6 months and interest is 8% compounded semi-annually, how long will Karmen have to make semi-annual payments? State your answer in years and months (from 0 to 11 months).

Karmen will have to make payments for _______ year(s) and _____month(s).

Can you help on these ? please thank you