Q1. On the day Cecilia was born, her grandmother made an investment in a fund that was growing at 6.75% compounded quarterly. How much was invested in the fund to enable annual withdrawals of $10,000 for five years starting from Cecilia's 18th birthday? Q2. Carlos and Martha wanted to ensure that they had $100,000 for their child's future plans. As soon as their child was born they started saving $500 every quarter in an investment fund. If they achieve their investment target on their child's 214 birthday, calculate the nominal and effective annual rate compounded quarterly for the investment. Assume no deposit was made on the child's 21 birthday