Answer Question 2 using excel functions if possible

1 You are offered an annuity that will pay you $7,500 at the end of each quarter for the rest of your life. If the applicable market interest rate is 3.4%, and you plan on living until age 90, what would you be willing to pay for this annuity at age 25? m= 3.4% 7,500 90 25 67,732 2 What would be the value of the same annuity as described in problem 1 if the payment were to be made at the beginning of each quarter