You have just purchased a life insurance policy that requires you to make 40 semiannual

payments of $350 each, where the first payment is due in 6 months. The insurance

company has guaranteed that these payments will be invested to earn you an effective

annual rate of 8.16 percent, although interest is to be compounded semiannually. At the

end of 20 years (40 payments), the policy will mature. The insurance company will pay

out the proceeds of this policy to you in 10 equal payments, where the first payment to be

made one year after the policy matures. If the effective interest rate remains at 8.16

percent, how much will you receive during each of the 10 years

i need your help to answer these question