a.) You want to save $8,000 by November 1, 2024. You plan to make annual deposits. The first deposit will be on November 1, 2019 and the last will be on November 1, 2024. If the account pays 6% annually, then what are the size of your annual deposits?

b.) Omar was given $1,000,000 on his 2nd birthday. The money is put into an account which pays 4% compounded annually. If he takes the money in 50 equal annual payments with the first when he turns 30 years old, then what is the size of each?

* If it is alright with you, can you assist me with both of these parts here? I am having trouble trying to understand what I need to do and go about the process of figuring them out. Both parts count as one problem, so I would really appreciate the help. Thanks!