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

Present Value	Annuity Payment	Interest Rate		Years
?	$1,560	5	%	7
?	$1,280	10		9
?	$20,000	8		18
?	$53,200	14		28

2.

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

Cash Flow	Future Value	Interest Rate		Years
?	$21,800	5	%	8
?	1,500,000	7		40
?	520,000	8		25
?	98,700	4		13