Problem $4$ and $5-3$ Present Value and Annuity Payments

A local furniture store is advertising a deal in which you buy a $$2,900$ dining room set and do not need to pay for two years $($no interest cost is incurred$).$

How much money would you have to deposit now in a savings account earning $6$ percent APR, compounded monthly, to pay the $$2,900$ bill in two years?

How much would you have to deposit in the savings account each month earning $6$ percent APR to be able to pay the bill?

Note: Do not round intermediate calculations and round your final answer to $2$ decimal places.

$\backslash$table$[[$Present value,$],[$Annuity payment,per month$]]$