Question: 2 pts D Question 7 7. Suppose you are going to receive $19,000 per year for five years. The appropriate interest rate is 7 percent

2 pts D Question 7 7. Suppose you are going to receive $19,000 per year for five years. The appropriate interest rate is 7 percent What is the present value of the payments if they are in the form of an ordinary annuity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.32.16.) 54532.62 Question 8 2 pts 8. Suppose you are going to receive $19,000 per year for five years. The appropriate interest rate is 7 percent What is the present value of the payments if the payments are an annuity due? (Do not round intermediate calculations and round your answer to 2 decimal places, 0.8., 32.16.)

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