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What is the present value of an ordinary annuity paying $1,850 each year for 15 years, with an interest rate of 6.1 percent compounded annually? (Round to the nearest dollar) CETTE OA. $20,214 OB. $23,267 OC. $17,851 OD. $16,711 How much money will you have in 40 years if you invest $300 at the beginning of each month at 8.4 percent interest rate being compounded semi-annually? (Round to the nearest dollar) OA. $1,136,130 OB. $1,075,900 OC. $1,128,366 OD. $1,109,112