Please do both correctly

1)

2)

Mr. Clark makes a deposit at the beginning of every year into a savings account that earns interest at 4.6% compounded annually. He saves for eight years, then converts his savings into an annuity that pays him $3,450 at the beginning of every year for three years. What is the size of the deposit he makes while he is saving? The size of the deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Determine the accumulated value after 8 years of deposits of $341.00 made at the beginning of every year and earning interest at 6%, with the payment and compounding intervals the same. The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)