Genoveva wants to invest $ 1,100 in an account at the beginning of each of the next 10 years at 16% per annum computed quarterly. What he receives from there, he will then invest for another 12 years and will receive an amount at the end of each period, compounded at an interest rate of 12% per annum compounded semiannually. How much will you be able to withdraw at the end of each period in the second investment?