Calculate the future value of each of the following ordinary simple annuities. Round the answers to the nearest cent Periodic Payment Payment Period Term of Annuity Future Value Interest Compounding Rate Frequency 3.70% Quarterly 1. $1,625 Every 3 months 7.5 years 2. $2,300 Every month 6 years 2.90% Monthly IND 3. $1,700 Every 6 months 5.5 years 4.40% Semi-annually 4. $2,850 Every year 8 years 4.50% Annually N