Please answer All

Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.)

Amount of payment		Payment payable	Years	Interest rate	Value of annuity
$6,300		Semiannually	7	8%	$

Need value annuity=

Complete the following for the present value of an ordinary annuity. (Use Table13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.)

Amount of annuity expected		Payment	Time	Interest rate	Present value (amount needed now to invest to receive annuity)
$710		Annually	5 Years	7%	$

Worksheet

Future value interest factor of an ordinary annuity of $1 per period at i% for n periods. FVIFAin 9.487 40 5447