1. How much will Elizabeth have when she retires if she retires in 8 years, invests $30,700.00 per year for 8 years, and she makes her first annual contribution immediately to an account that earns 8.27 percent per year?(Round the value to 100th decimal)

2. How much will Cheryl have when she retires if she retires in 8 years, invests $29,000.00 per year for 8 years, and she makes her first annual contribution today to an account that earns 9.66 percent per year and currently has $19,800.00 in it?(Round the value to decimal places)