For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Future Value	Annual Payment	Interest Rate		Years
?	$2,100	8	%	10
?	6,500	9		40
?	1,100	6		9
?	5,000	10		30

2.

Assume the appropriate discount rate for the following cash flows is 4.78 percent per year.

Year	Cash Flow
1	$1,400
2	1,900
3	3,400
4	4,300

What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)