[need help to make sure these are correct, please]

14. Find the amount necessary to fund the given withdrawals.

Semiannual withdrawals of $950 for 9 years; interest rate is 6.9% compounded semiannually.

The amount necessary to fund the given withdrawals is

$ 3965.20 (Round to the nearest cent asneeded.)

15. What lump sum deposited today at 12% compounded quarterly for 5 years will yield the same final mount as deposits of $7000 at the end of each6-month period for 5 years at 8% compounded semiannually?

The value of the lump sum is $. 39,200.51

(Round to the nearest cent asneeded.)

16. Find the payment necessary to amortize the following loan. $7600; 8.4% compounded

semiannually; 18 semiannual payments

The payment is $. 211.11

(Round to the nearest cent asneeded.)

17. Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance. Thirty-year mortgage for $290,000 at 3.66%; remaining balance after 12 years.

The monthly payment is

$. 24,166.67

(Round to the nearest cent asneeded.)

19. Find the cash value of the lottery jackpots given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rates.

Jackpot AmountInterest Rate (%)Equal Annual PaymentsPresent Value (in dollars)

11,000,000820 $17,600

11,000,00013 20 $2,860,000

11,000,0008 25 $22,000

11,000,0001325 $3,575,000

[and if they are not, what is the correct answer and how did you get it] thank you