Using the appropriate interest table, answer the following questions: $($Each case is independent of the others$).$

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$($a$)$

Your answer is correct.

What is the future value of $20$ periodic payments of $$19,500$ each made at the beginning of each period and compounded at $6\%?$

$($Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answer to $2$ decimal places, eg$.4,585\mathrm{.}81.)$

The future value

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$($b$)$

What is the present value of $$8,300$ to be received at the beginning of each of $30$ periods, discounted at $8\%$ compound interest?

$($Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answer to $2$ decimal places, eg$.4,585\mathrm{.}81.)$

The present value

$