need help with 8 and 9

Question 8 (3 points) Suppose you are considering an account with a 24% APR, with monthly compounding. Which of the following statements is TRUE? Select all that apply. The effective annual rate is greater than 24%. The periodic rate is 12%. The effective annnual rate is less than 24%. The periodic rate is 2%. Congratulations!! You just won $200,000 after-taxes in the state lottery and you decide to accept a lump sum payment. Since you are only 30, you decide to save all your winnings for retirement and you deposit the money in an account that pays an average of 4% interest each year. You expect to retire at age 65 and live for 15 years after you retire. You would like to withdraw $85.000 at the beginning of every year during retirement. How much do you need to contribute to your savings at the end of every work year to ensure you meet your retirement goals? $2,629.22 $23,546.89 $ $6,595.62 $2.115.96