Question 3 of 7 The Kucharskis have decided to invest in a college fund for their young son. They invested $50,000 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? Round to the nearest cent Lab #7 Close Date: Sun, Mar 21, 2021, 11:59 PM Question 4 of 7 Vanessa invested her savings in a bank at 4.00% compounded monthly. How much money did she invest to enable withdrawals of $4,000 at the beginning of every 6 months from the investment for 7 years, if the first withdrawal is to be made in 10 years