Question 6 (4 points) 6. To compute the present or future value of an annuity due, one computes the value of an ordinary annuity and then divides it by (1-) multiplies it by (1+ i). divides it by (1 +i) multiplies it by (1-i) Question 7 (4 points) 7. When computing the future value of an annuity, the higher the compound frequency, the more likely the future value can be calculated. the less likely the future value can be calculated. the higher the future value will be. the lower the future value will be. Question 8 (5 points) 8. What is the present value of a $600 annuity payment over 4 years if interest rates are 6 percent? (just type the number without $ and round up to second decimal places. For example, if your answer is $1005.05, enter 1005.05)