2.1.1 Example 2.1.1-2 Homework - Unanswered Due Today, 11:59 PM An annuity-immediate makes annual payments of $500 for 8 years. Using an effective interest rate of 3% per annum, calculate the accumulated value of the annuity at the end of 8. (use decimal number, rounded to the nearest 100th, without \$ sign, such as 1234.56) := 2.1.1 Example 2.1.1-1 Homework - Unanswered - Due Today, 11:59 PM An annuity-immediate makes annual payments of $500 for 8 years. Using an effective interest rate of 3% per annum, calculate the present value of the annuity. (use decimal number, rounded to the nearest 100th, without \$ sign, such as 1234.56) Type your numeric answer and submit