I need help with the following finance question:

But a hint was given from the professor that Ill add in case it is helpful to someone here:

Fernando invests $83,000. In return, he receives $5,000 monthly starting with a payment 6 months from the date of investment and concluding with a payment 30 months from the date of investment. From each of these $5,000 payments, he invests $3,000 in an account with an annual effective interest rate of 5%. Fernando liquidates his 5% account exactly five years after he invested his $83,000. Find the annual yield rate (%)earned by Fernando over this five-year period. (Round your answer to two decimal places.) (6) a time-line is a th 6 7 8 t 5 years 0 30 ) -5 2.5 Then Equation of value is {= annual rate = .05, ja monthly rate= 200407 Let = annual yield, da monthly yield (corresponding to 83000 = 3000 (i+1) 72000 A_ (+B) TC+8) "Guess and check" allows (approximately) (between 12 od -19) 2570 8 2571 you to solve for Fernando invests $83,000. In return, he receives $5,000 monthly starting with a payment 6 months from the date of investment and concluding with a payment 30 months from the date of investment. From each of these $5,000 payments, he invests $3,000 in an account with an annual effective interest rate of 5%. Fernando liquidates his 5% account exactly five years after he invested his $83,000. Find the annual yield rate (%)earned by Fernando over this five-year period. (Round your answer to two decimal places.) (6) a time-line is a th 6 7 8 t 5 years 0 30 ) -5 2.5 Then Equation of value is {= annual rate = .05, ja monthly rate= 200407 Let = annual yield, da monthly yield (corresponding to 83000 = 3000 (i+1) 72000 A_ (+B) TC+8) "Guess and check" allows (approximately) (between 12 od -19) 2570 8 2571 you to solve for