Find the future value for the ordinary annuity with the given payment and interest rate. PMT =$2,000;1.50% compounded quarterly for 9 years. The future value of the ordinary annuity is $ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the folowing amount. Payments are made at the end of each peniod. $55,000; money eams 4% compounded semiannually for 321 years The payment size is $ (Do not round until the final answer. Then found to the nearent cent.) In order to accumulate enough money for a down payment on a house, a couple deposits $608 per month into an account paying 6% compounded monehy if payments are made at the end of each period, how much money wil be in the account in 6 years? Type the amount in the account. $ (Round to the nearest dollar) An individual is 42 years old. At the end of each month, he deposits $300 in a retirement account that pays 5.26% interest compounded monthly. (a) After 8 years, what is the value of the account? (b) If no further deposits or withdrawa's are made to the account, what is the value of the account when the individual feaches age 65 ? (a) For the first 8 years, the individuars deposits form an because the deposits are made at the of each period. Therefore, the formula should be used. Atter 8 years, the account to behave as an annulty and formula should be used