pls solve 12 & 13

Question 12 (10 points) Listen You just graduated from college and are starting your new job. You realized the importance to save for the future and have figured out that you will save $2,000 per quarter for the next 11 years; and then increase to $5,000 per quarter for the following 7 years. The amount accumulated at the end of these investments will be your retirement egg nest. You plan to start retirement and start withdrawing quarterly amounts the following quarter (you will be in retirement for 26 years). If your required rate of return is 12% compounded quarterly, how much are your quarterly withdrawals? Round to the nearest $0.01 but do not use the $ sign Enter as a positive number. DO NOT USE commas to separate thousands. For example if you obtain $1,432.728 then enter 1432.73; if you obtain $432 then enter 432.00 Your Answer: Answer Question 13 (10 points) Listen It is the first day of the year and you plan to make a total of 5 deposits of $5,000 each, one every 6 months with the first payment being made today. The bank pays a nominal interest rate of 12% but uses semiannual compounding. How much your account with the bank be if you leave the money in the bank to be withdrawn all in 9 years from today? Round to the nearest 50.01 but do not use the S sign DO NOT USE commas to separate thousands. For example if you obtain $1.432.728 then enter 1433.73: if you obtain $432 then enter 432.00 Your