A 5-year annuity of 14 $8,500 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 9 percent compounded semiannually, what is the value of this annuity five years and three years from now? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

	Value of the annuity
Five years	$
Three years	$

What is the value of the annuity today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Value today $