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Stacy Monroe wants to create a fund today that will enable her to withdraw 532,200 per year for 6 years, with the first withdrawal to

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Stacy Monroe wants to create a fund today that will enable her to withdraw 532,200 per year for 6 years, with the first withdrawal to take place 4 years from today. Click here to view factor tables If the fund earns 12% interest, how much must Stacy invest today? (Round factor values to 5 decimal places, es 1.25124 and final answers to decimal places, s. 458.581.) Investment amount $ Current Attempt in Progress John Taylor is settling a $20,780 loan due today by making 6 equal annual payments of $5,054.23. Click here to view factor tables Determine the interest rate on this loan, if the payments begin one year after the loan is signed. (Round answer to decimal places, es 8%)

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