1.

PV = $60,030 [ 1- [1+.04)/(1+.055) ]^36 / (.055 -.04)}

Then divide the above figure number by 1.055 ^2

2.

PV = $55,380 [[1-(1+.035)/(1+.055) ]^37/ .055-.035)}

Then divide the above figure number by 1.055