13. Ch. 4 Present value of annuities You have a partnership stake in a business that pays you equal payments of $1,500 at the end of each year for the next nine years. if the annual interest rate stays constant at 5%, what is the value of these payments in today's doilars? (Note: Round your answer to the nearest whoie dollar.) O $9,063 O $10,662 O $11,195 O $13,328 You found out that now you are going to receive payments of $7,500 for the next 12 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%, What is the present value of these payments? (Note: Round your answer to the nearest whole dollar) $42,452 $65,333 $38,716 $48,395