Robin owes $4000 after 3 years and $4500 after 7 years. Robin is unable to meet her obligation after 3 years and by mutual agreement is allowed to pay off both notes with a single payment after 6 years. Find the size of Robins payment after 6 years if 8% quarterly is used in the settlement.

Dan borrows $1500.00 with 8% simple interest and repays this loan with a payment of $500.00 after 3 months, $500.00 after 7 months then a final payment at the end of one year to settle the debt. Find the size of Dans payment after one year using U.S. Rule.

Suppose I make a deposit of $6000.00 into a bank account earning 7% monthly today with the hopes of making an equal withdrawal each year for four years with the first coming exactly 8 years from now. Find the size of this equal annual withdrawal.