16 (1) i need the right answer asap and help with the correct answer!

A University is offering a charitable gift program. A former student who is now 50 years old is consider the following offer: The student can invest $8,300.00 today and then will be paid a 9.00\% APR return starting on his 65 th birthday (i.e For a $10,000 investment, a 9% rate would mean $900 per year). The program will pay the cash flow for this investment while you are still alive. You anticipate living 21.00 more years after your 65 th birthday. The former student wants a return of 8.00% on his investments, but would like to consider this opportunity. Using the student's desired return, what is the value of this deferred annuity today on his 50 th birthday? Answer format: Currency: Round to: 2 decimal places. A young graduate is saving for house on Lake Hartwell. The young graduate is planning on saving $1,134.00 each quarter for 10.00 years in an investment account paying 7.60% interest that is compounded quarterly. His first deposit will be made at the end of the next quarter, so this is a regular annuity. In 10.00 years, he also plans on being able to afford a 15-year mortgage with $1,565.00 monthly payments at a 6.36% APR interest rate. Given the graduate's plans, how expensive of a lake house will he expect to be able to purchase? (assume that the house price will be the value of the savings and the loan) Answer format: Currency: Round to: 2 decimal places