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Please provide both the answers accurately. Thank you so much! Question 7 [2 points] Adrian is trying to save for a down payment on a

Please provide both the answers accurately. Thank you so much! image text in transcribed
Question 7 [2 points] Adrian is trying to save for a down payment on a condominium by depositing 5600 into a savings account every half year for 3 years. The account eams 8 75% interest compounded monthly. What value of N should be used to calculate the future value of this annuity N=0.00 Question 8 (5 points) An insurance company advertises that $61,103 26 will purchase a 15 your annuity that pays $500 monthly at the end of the paned What monthly compounded rate of return does the investment earn? Note Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34 56% Rate of return - 0.00%

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