PLEASE USE FINANCIAL CALCULATOR IN ANSWERING PROVIDE THE AMOUNT OF N, 1/,P/Y, C/Y, PV, FV, AND PMT How much would a business have to invest in a fund to receive 18,000 at the end of every month for 7 years? The fund has an interest rate of 4.50% compounded monthly and the first withdrawal is to be made in 3 years and 1 month NEL 1 VY P/Y - C/Y PV= FV= PMT= 2. Emily purchased an annuity that had an interest rate of 3.00% compounded semi-annually. It provided him with payments of $3,500 at the end of every month for 5 years. If the first withdrawal is to be made in 5 years and 1 month, how much did he pay for it? N= 1/Y= P/= C/Y= PV= FV= PMT= 3. The Patchmans have decided to invest in a college fund for their young son. They invested 530,000 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 3.00% compounded monthly and the annuity payments are deferred for 14 years, what will be the size of the monthly payments? N- WY P/Y - C/Y- PV- FV- PMT