Natalie invested his savings in a bank at 5.00% compounded quarterly. How much money did he invest to enable withdrawals of $4,000 at the beginning of every 6 months from the investment for 4 years, if the first withdrawal is to be made in 8 years? Round to the nearest cent If the market value of a telecommunications share is $294.60, calculate the year-end dividends that it should be able to pay in perpetuity if money is worth 4.25% compounded semi-annually. Round to the nearest cent The Patchmans have decided to invest in a college fund for their young son. They invested $40,000 in a deferred annuity that will pay their son at the beginning of every month for 4 years, while he goes to college. If the account earns 3.50% compounded monthly and the annuity payments are deferred for 14 years, what will be the size of the monthly payments? Round to the nearest cent