please solve the questions completely correctly and clearly with proper solution thanks

How much money should Li Jun invest today in a fund that earns interest at 3.24% compounded quarterly, if he wants to receive $4,500 at the end of every 6 months for the next 7 years? S0.00 10 Round to the nearest cent Laura deposits $1,600 at the end of every 3 months in an RRSP that is earning 6.60% compounded semi-annually. For the RRSP to accumulate to $40,000, calculate the following: a. How many deposits will he have to make? o E Round up to the next whole number b. How long will he have to make these deposits? o years o months Express the answer in years and months, rounded to the next payment period