Question: 1. Find the future value for the ordinary annuity with the given payment and interest rate. PMT= $1800, 1.50% compounded monthly for 7 years. The

1. Find the future value for the ordinary annuity with the given payment and interest rate. PMT= $1800, 1.50% compounded monthly for 7 years. The future value of the ordinary annuity is?

2. Find the future value for the ordinary annuity with the given payment and interest rate. PMT=$850, 1.65% compounded semiannually for 4 years.The future value of the ordinary annuity is?

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