Find the amounts indicated.
1. The monthly deposits necessary to accumulate $12,000 after 5 years in an account earning 4.75% compounded monthly.
2. The monthly withdrawls possible over 5 years from an account earning 4.75% compounded monthloy and starting with $6,000
Show all work. The answer for #1 is $177.58 and #2 is $112.54 just dont know how to get the answers.