28. Find the present value of a 20-year annuity with annual payments which pays $600 immediately and each subsequent payment is 5% greater than the preceding payment. The annual effective rate of interest is 10.25%. Answer to the nearest dollar. 29. In Exercise 28, find the interest rate i' such that the present value would be equal to the present value of the level annuity-due 600, 2017 30. Annual deposits are made into a fund at the beginning of each year for 10 years. The first 5 deposits are $1000 each and deposits increase by 5% per year thereafter. If the fund earns 8% effective, find the accumulated value at the end of 10 years. Answer to the nearest dollar