Question: Please show all work (not in excel): (A) What would Sue pay today for an annuity that pays payments of $100 every three months forever

Please show all work (not in excel):

Please show all work (not in excel): (A) What would Sue pay

(A) What would Sue pay today for an annuity that pays payments of $100 every three months forever where the first payment is made three months from today? The annual effective interest rate is 8%. Round your answer to 2 decimal places. Enter a number. (B) What would Phill pay today for an annuity that pays payments of $200 every six months forever where the first payment happens today? The annual effective interest rate is 8%. Round your answer to 2 decimal places

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