4. [-/2 Points) DETAILS JMODDS 5.3.018. MY NOTES PRACTICE ANOTHER Dick Ecket recently set up a TDA to save for his retirement. He arranged to have $145 takon out of each of his biweekly checks; it will earn 92% interest. He just had his twenty-ninth birthday, and his ordinary annuity comes to term when he is 65. (Round your answers to the nearest cent.) (a) Find the present value of the given annuity (b) Interpret the present value of the given annuity, You would have to invest a lump sum of $ now instead of $145 biweekly Need Help? 4. [-/2 Points] DETAILS JMODD8 5.3.018. MY NOTES PRACTICE ANOTHER Dick Ecket recently set up a TDA to save for his retirement. He arranged to have $145 taken out of each of his biweekly checks; it will earn 0% interest. He just had his twenty-ninth birthday, and his ordinary annuity comes to term when he is 65. (Round your answers to the nearest cent.) (a) Find the present value of the given annuity. Enter a number (b) Interpret the present value of the given annuity. You would have to invest a lump sum of $ now instead of $145 biweekly