a. Use the appropriate formula to find the value of the annuity. V b. Find the interest. Periodic Deposit Rate Time $110 at the end of every six months 3.5% compounded semiannually 40 years i Click the icon to view some finance formulas. X Formulas a. The value of the annuity is $ In the provided formulas, P is the deposit made at the end of each compounding (Do not round until the final answer. Then round to the nearest dollar as needed.) period, r is the annual interest rate of the annuity in decimal form, n is the number of compounding periods per year, and A is the value of the annuity after t years. b. The interest is $ (Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.) nt A= P[(1+r)t- 1 ] L - IC Print Done