Question: Need help with 1 and 2 1. Find the present value of a 15-year annuity that pays $3500 at the end of each month if

Need help with 1 and 2 1. Find the present value

Need help with 1 and 2

1. Find the present value of a 15-year annuity that pays $3500 at the end of each month if the effective (annual) rate of interest is i-0.09 2. Deposits of $ 1000 are made at the end of each month for 5 years and deposits of $1500 are made at the end of each month for the next 5 years. If the nominal interest rate is)0.06, find the accumulated value at the end of 10 years

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