Present Value and Future Value of an Annuity Problems. 1. Complete the table. PaymentTime #of Interest Interest Rate Compounded PeriodsRate/Period FVIFA FV Amount (years) 15,0008 years $7,000 | 8 years 6% Quarterly Semi- annually 17% #of PaymentTime Amount (years) Interest Interest Rate 6% 18% Compounded Periods Annually Quarterly Rate/Period PVIFA PV 900 $215000 |4 years 13-11.John Regan, an employee at Home Depot, made deposits of $800 at the end of each year for 4 years. Interest is 4% compounded a nnual ly. what is the val ue of Regan's annuity at the end of 4 years? 13-12 Ed Long promised to pay his son $400 semiannuallyfor 12 years. Assume Ed caninvest his money at 6% in an ordinary annuity. How much must Ed invest today to pay his son S400 semiannuallyfor 12 years? 13-16 Patricia and Joe Payne are divorced. The divorce settlement stipulated that Joe pay $525 a month for their daughter Suzanne until she turns 18 in 4 years. How much must Joe set aside today to meet the settlement? Interest is 6% a year. 13-17 Josef Company borrowed money that must be repaid in 20 years. The company wants to make sure the loan will be repaid at the end of year 20. Soit invests $12,500 atthe end of each year at 12% i nterest compounded a nnual ly. what was the a mount of the origi nal loan? 13-18. Jane Frost wants to receive yearly payments of $15,000for 10 years. How much must she deposit at her bank today at 11% interest compounded a nnual ly