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a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Time Periodic Deposit $40 at the end of each

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a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Time Periodic Deposit $40 at the end of each month Rate 3% compounded monthly 35 years Click the icon to view some finance formulas. a. The value of the annuity is $ (Do not round until the final answer. Then round to the nearest dollar as needed.) b. The interest is $L 0 (Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.) 10

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