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Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to

Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.)

1. $100,000 at 2%, paid out monthly for 18 years, leaving $10,000 in the account after the 18 years

2. $900,000 borrowed at 8% for 3 years, with quarterly payments

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