1. an annuity immediate makes payments every 6 months with a nominal semiannual interest rate of 9%. The first payment is $150 and increases by $5 with each subsequent payment. There are 10 payments.

a. Find the present value

b. Fine the future value

2. An annuity due makes 15 annual payments with an annual effective rate of 7%. The first payment is $200 and decreases by $10 each subsequent payment.

a. Find the present value

b. Find the future value