6. Present value of annuities Your undle has said that if you agree to finish college he will give you equal payments of $2,000 at the end of each year for the next seven years. If the annual interest rate stays constant at 7%, what is the value of these payments in today's dollars? (Note: Round your answer to the nearest whole dollar.) $9,162 O $10,779 O $11,534 0 $13,474 You found out that now you are going to receive payments of $8,500 for the next 16 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 11%. What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.) $93,991 $62,723 $69,623