Answer Happy

Find the amount necessary to fund the given withdrawals. Yearly withdrawals of $1050 for 15 years; interest rate is 5.2%, compounded annually. The amount necessary to fund the given withdrawals is s (Round to the nearest cent as needed.)

Find the payment made by the ordinary annuity with the given present value. $92,052, monthly payments for 28 years, interest rate is 4.7%, compounded monthly The payment is 5 (Simplify your answer. Round to the nearest cent as needed.)