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show work please and thank you Graded HW 62-64 MUST BE UPLOADED on Sunday, Oct 25, 2020 by 11:59 pm Must show work for credit.

image text in transcribed show work please and thank you
Graded HW 62-64 MUST BE UPLOADED on Sunday, Oct 25, 2020 by 11:59 pm Must show work for credit. Work must lead to answer 1) A newborn receives a $3000 gift towards college education. How much will the $3000 be worth in 17 years 2) Find the payment into a sinking fund if the amount required is $50,000 after 10 years at 3% compounded MAT 215 NAME if it is invested at 5% compounded quarterly? semiannually. What is the semiannual payment? 3) A husband and wife contribute $4000 per year to an IRA paying 5% compounded annually for 20 years. a) What is the value of their IRA? b) How much can they withdraw each year for 25 years at 5% compounded annually

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