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Sally has $25000 in an account that earns an annual interest rate of 12% compounded...

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Sally has $25000 in an account that earns an annual interest rate of 12% compounded monthly. What equal monthly payments can she withdraw from the account over a period of a) 8 years? Answers b) 13 years? Answer = $ A company establishes a new account to pay off a debt of 200000 due in 10 years. The account will earn an annual interest rate of 4% compounded weekly. Find the amount of the weekly deposits into the fund. Answer = $

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