need help for question 4 and 5 please

Question 4 10 pts 5 1 0 Details You have $500,000 saved for retirement. Your account earns 7% interest, compounded quarterly How much will you be able to pull out each quarter, if you want to be able to take withdrawals for 20 years? Answer = $ (Round to the nearest cent/penny) (When writing up your problem, be sure to write out the general formula you use and show how you use the formula with information given to you.) Question 5 > 10 pts 1 Details You are considering taking out a loan of $6,000.00 that will be paid back over 8 years with every 2 months payments of $151.03. If the interest rate is 4.8% compounded every 2 months, what would the unpaid balance be immediately after the eighth payment? The unpaid balance would be $ (Round to 2 decimal places.) > Next