The correct answers to the problems are provided and circled, I need the work that shows how we got these answers. Financial calculators and excel are not allowed. I need step by step workouts of each problem. Thank you!

Annuities 39 10. An amount of $8,500 was deposited on January 1, 2016 info an account which cams 10% compounded monthly Monthly withdrawals of equalsie will begin on February 1, 2016 and end on July 1, 2024. Determine the size of the withdrawals. 11. An individual has saved $500,000 for retirement. He wants to receive quarterly payments for twenty years beginning three months from now. If the investment earns 12% compounded quarterly, determine the size of the payments he can receive (516.555.87) 12. Semiannual payments will be made into an account which earnis 8.8% compounded semiannually. The payments will begin on January 1, 2018 and end on January 1, 2026. Determine the size of the payments needed to accumulate $16,000 on January 1, 2026. 13. A couple buys a house for S150,000 with $25,000 down at 7.2% compounded monthly. Determine the size of the monthly payments needed and the total amount of interest paid for a a) 30 year loan. (5848.49, 5180,456.40) D) 15 year tom. (51137.56, 579,760.80) 3.2 Annuities dus A (due)