Question: Draw a timeline in your notes to practice, then use the one below to help you! On July 13, 2011, Harriet invested $24,500 at 8.35%

Draw a timeline in your notes to practice, then use the one below to help you! On July 13, 2011, Harriet invested $24,500 at 8.35% compounded semi-annually. Ten years later, she plans on withdrawing $10,000 at the end of every three months. On what date will Harriet receive her last payment?

a. January 13, 2022 (6 months of payments)

b. June 13, 2023 (24 months of payments)

c. June 13, 2027 (72 months of payments)

d. January 13, 2023 (18 months of payments)

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