(4 points) Suppose that the effective annual interest rate is 3%. Find the present value and the accumulated value of the annuity-immediate consisting of the following 29 annual payments: $300, $400,..., $1600, $1700, $1600,..., $400, $300.

(4 points) Suppose that the effective annual interest rate is 3%. Find the present value and the accumulated value of the annuity-immediate consisting of the following 29 annual payments: $300, $400,..., $1600, $1700, $1600,..., $400, $300. a) Present Value = $ b) Accumulated Value = $