Find the future value for the ordinary annuity with the given payment and interest rate.

PMT=$2,750; 1.60% compounded quarterly for 10 years.

The future value of the ordinary annuity is $

(Do not round until the final answer. Then round to the nearest cent asneeded.)

Find the final amount in the following retirementaccount, in which the rate of return on the account and the regular contribution change over time.

$403 per month invested at 5%, compoundedmonthly, for 6 years; then $659 per month invested at 7%, compoundedmonthly, for 6 years.

What is the amount in the account after 12 years?$

(Do not round until the final answer. Then round to the nearest dollar asneeded.)