help with this problem page 5. The first question and the extra credit.

You want to set up an education account for your child and would like to have $175,000 after 18 years. You find an account that pays 5.4% interest, compounded semiannually, and you would like to deposit money in the account every six months. How large must each deposit be to reach your goal? Semi-annual Payments = $21935-93 $1751000 = PCCC1-027)94-1/0.027) = 3.435.93) How much interest did you earn? 68.306-52 $175,000 - $21935.93 X36) 175 1000 - $105,693.48 = $69. 306.52 Your child (in the above problem) is now 18 years old and is planning to go away to college. How much can she withdraw each month for 5 years for her college expenses, if the College Bank pays 5.7% cm? Monthly Payments = 5