Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Annuity Payment Annual Rate Interest Compounded Period Invested Present Value of Annuity 1. $5,500 7.0% Annually 5 years 2. 10,500 9.0% Semiannually 3 years 3. 4,500 8.0% Quarterly 2 years