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Financial Math, Question one: Jacob purchased an annuity that had an interest rate of 4 . 2 5 % compounded semi - annually. It provided

Financial Math,
Question one: Jacob purchased an annuity that had an interest rate of 4.25% compounded semi-annually. It provided her with payments of $1,000 at the end of every month for 6 years. If the first withdrawal is to be made in 3 years and 1 month, how much did she pay for it?
question two: Evan invested her savings in a bank at 2.75% compounded quarterly. How much money did she invest to enable withdrawals of $4,000 at the beginning of every 6 months from the investment for 6 years, if the first withdrawal is to be made in 8 years?

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