Attempts Average: 1 3. Present value of annuities You got into a car accident and settled out of court for equal payments of $1,500 at the end of each year for the next eight years. If the annual interest rate stays constant at 5%, what is the value of these payments in today's dollars? (Note: Round your answer to the nearest whole dollar.) O $8,241 O $10,180 $12,119 O $9,695 Vou found out that now you are going to receive payments of $7.500 for the next 14 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%. What is the present value of these payments? (Note: Round your answer to the nearest whole dolar) $69.279 $41.054 $51.310 $45.016