Betty Bronson has just retired after 25 years with the electric company, Her total pension funds have an accumulated value of $376,000, and her life expectancy is 19 more years. Her pension and manager assumes he can earn a 8 percent return on her assets What will be her yearly annuity for the next 19 years? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Annuity Morgan Jennings, a geography professor, invests $97,000 in a parcel of land that is expected to increase in value by 11 percent per year for the next ten years. He will take the proceeds and provide himself with a 14-year annuity Assuming a 11 percent interest rate, how much will this annuity be? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Annuity value