Question 5 of 7 Brooke invested her savings in a bank at 5.00% compounded monthly. How much money did she invest to enable withdrawals of $2,000 at the beginning of every 6 months from the investment for 4 years, if the first withdrawal is to be made in 11 years? Round to the nearest cent Question 6 of 7 If the market value of a telecommunications share is $291.60, calculate the year-end dividends that it should be able to pay in perpetuity if money is worth 4.75% compounded semi-annually. Round to the nearest cent Question 7 of 7 A college plans to set up an endowment fund that will provide a scholarship of $3,500 at the end of every quarter, in perpetuity. How much should the college invest in the fund, if the fund earns 5.00% compounded quarterly? Round to the nearest cent