Starting on his 26th birthday, Fred deposits $3000 a year into a savings fund

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1. Starting on his 26th birthday, Fred deposits $3000 a year into a savings fund. His last deposit is at the age of 45. Starting 1 year later, he makes annual withdrawals for 20 years. If j_1=10%. throughout, find the size of these annual withdrawals? *
2. A parcel of land valued at $35,000 is sold for $10,000 down. The buyer agrees to pay the balance with interest at j12=12% by paying $600 monthly as long as necessary, the first payment due one year from now. Find the number of $600 payments needed and the size of concluding payment one month after the last $600 payment. *