An Increasing annuity pays $7000 every January 31, starting in 2015 and ending in 2025. If i=4% find the following. [10] An annuitys first payment of $5000 occurs on January 31, 2021, the payments then increase each year by y. The last payment occurs on January 31, 2030. a. The value of the annuity on January 31, 2010. b. The value on January 31, 2026. c. The value on January 31, 2035.