Hi, Please answer this three-part question and show the work.

16. Your company is scheduled to earn a stream of royalty payments from a distributor in the amount of $400 per month (NOT $4,800 per year but rather $400 per month) for the next 7 years. If the company earns 8.25% per year on its money, 18. You anticipate being able to put an extra $2,500 at the end of each year into your Schwab investment account for EACH of the next 22 years and you anticipate being able to earn 8% per year on your investments. Assuming annual compounding and no distributions from this account, how much do you expect to have in your Schwab account after 22 years