Apri Stigum will recoive a 20-year annuty of $20,000 annually beginning sax yoars trom soday. in other wonds, the first paymert of twonty parments wa be made at the end of year 6. Assuming a required rate of retum of 5%, caloulate the present value loday of her arnuity. (Round to 2 decimais) OUESTION 6 ascount so their davehter will be supporied trough four years of coliege. (Reund to 2 decimals)