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Rachel's retirement fund has an accumulated amount of $55,000. If it has been earning interest at 3.62% compounded monthly for the past 22 years, calculate

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Rachel's retirement fund has an accumulated amount of $55,000. If it has been earning interest at 3.62% compounded monthly for the past 22 years, calculate the size of the equal payments that she deposited at the beginning of every 3 months. Round to the nearest cent Question 3 of 10 Gregory leased equipment worth $30,000 for 7 years. If the cost of borrowing is 7.63% compounded semi-annually, calculate the size of the lease payment that is required to be made at the beginning of each half-year. Round to the nearest cent

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