$1-$ Your grandmother has been putting $$1,000$ into a savings account on every birthday since your first $($that is$,$ when you turned one$).$ The account pays an interest rate of $6\%.$ How much money will be in the account immediately after your grandmother makes the deposit on your $18$ th birthday

The amount in the account upon your $18$ th birthday is $$.($Round to the nearest dollar.$)$

$2-$

Assume that Social Security promises you $$39,000$ per year starting when you retire $45$ years from today $($the first $$39,000$ will get paid $45$ years from now$).$ If your discount rate is $6\%,$ compounded annually, and you plan to live for $17$ years after retiring $($so that you will receive a total of $18$ payments including the first one$),$ what is the value today of Social Security's promise?

The value today of Social Security's promise is $$.($Round to the nearest cent.$)$