1.)

Find the present value {the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. 511,088.20 at T.?% compounded annually for 7' years The present value is $|:|. [Do not round until the final answer. Then round to the nearest cent as needed.) Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. 1 395,; money earns 6% compounded semiannually for l 5 years The payment size is SD. {Do not round until the final answer. Then round to the nearest cent.) Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $2,400; 1.50% compounded monthly for 2 years. The future value of the ordinary annuity is $ (Do not round until the final answer. Then round to the nearest cent as needed.)