A.

You receive $5500 at the end of every year for 4 years. What is the present value lf these receipts if you earn 6% compounded annually? Round to the nearest dollar

B. You are scheduled to receive $11,000 every six months for ten periods beginning in six months. What amount in 5 years is equivalent to the future series of payments assuming interest compounds at the annual rate of 10% composed semiannually?