You want to invest in an annuity that will pay you $2,000 per quarter for the first 4 years and $6,900 per half year for the last 7 years. If the annuity earns 3.05% compounded quarterly for the first 4 years and 3.65% compounded semiannually for the remaining 7 years, what would be the amount of your initial investment? Enter the appropriate values in the blanks below, round answers to two decimal places.

N=

=

P/Y=

PV

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You want to invest in an annuity that will pay you $2,000 per quarter for the first 4 years and $6,900 per half year for the last 7 years. If the annuity earns 3.05% compounded quarterly for the first 4 years and 3.65% compounded semiannually for the remaining 7 years, what would be the amount of your initial investment?

Enter the appropriate values in the blanks below, round answers to two decimal places.

4 years balance:

N= P/Y= PV= PMT= FV=

7 years balance:

N= P/Y= PV= PMT= FV=