answer for #1 & 2

What is the value today of an investment that pays $6,814 per year for the next 16 years if you require an 5% return. Assume you receive the first payment today. Hint: If you change your calculator setting to solve this problem, don't forget to change it back before moving on. (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT -123.45) Question 2 1 pts You purchase a new home for $250,000. If you make a 6% down payment, what will your monthly payment be assuming a loan term of 24 years and a rate of 8%? (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT -123.45)