for the question 5

Question 4 0.04 pts Arich singer has donated $476,049 to endow a university professorial chair in Bohemian Studies. If the money is invested at 13.8%, how much can be withdrawn each year, ad infinitum (indefinitely), to pay the Professor of B.S.? Enter your answer as follow: 123456 Question 5 0.3 pts You expect to receive the following: at the end of each year for 12 $3.813 years $22,693 today $3,561 at the end of year 6 at the end of each year $1,238 forever $9,342 at the end of 15 years What is the uniform annual payment for the first 12 years equivalent to the above payment scheme, if the interest rate is 8%? Enter your answer as follow: 123456