1) If the nominal rate of interest is 4.1%, then what is the quarterly periodic rate of interest? . Show 2 decimals in the percentage! Don't enter the % sign. For Example answer: 9.99

2) An ordinary annuity has an interest rate of 11% and a present value of $1,649. What would be the present value of this same annuity, if it were an annuity due instead of a regular annuity? The present value of this annuity due is $ ____.__ .