Consider an annuity with 10 annual payments. The first payment is $1,100 and each subsequent payment i $110 larger than the previous payment. Use an annual effective rate of interest of 9.6% to value the annuity Find: (Answers to the nearest cent) The present value 1 year before the first payment. The answer to the nearest dollar is $9,458. Find the answer to the nearest cent. Number The present value at the time of the first payment Number The accumulated value at the time of the last payment. Number The accumulated value 1 year after the last payment. Number