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short answer 21-23) A SR100,000 is invested into a fund pays an interest of 12.12%lycar quarter in order to make 36 monthly withdrawals. Each withdrawal

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21-23) A SR100,000 is invested into a fund pays an interest of 12.12%lycar quarter in order to make 36 monthly withdrawals. Each withdrawal decreased by 2% from the previous one and the first withdrawal will be made 2 months after the investment. Determine the following: 22) The interest rate that should be used to solve this problem. a. 5% c.1% d. 12% 23) Assume the answer of the previous question is 5% compounded monthly, determine the size of the first withdrawal: a. SR 4.401 b. SR 2.205 C. SRX.019 d. SR 6,321 24) Assume the first withdrawal is SR 5000, what is the size of the Sth withdrawal a. SR 4.340.63 1. SR 3,49169 C. SR 4.253.81 d. SR 5.231.22 25) Determine the present worth of the following cash flow at an interest rate of 15% compounded continuously: year 1 4 5 CF (SR) 2000 2000 2000 4000 2000 a. SR 10,112.1 b. SR 7,653.4 C. SR 4.677.44 d. SR 7,465.4 BONUS Determine the value of X that makes the below two cash flow diagrams equivalent at i-10%: As See $500

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