Future and present value of an annuity Find the future and present value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at each of the following interest rates:

a$.20\%$

b$.10\%$

c$.1\%$

d$.0\mathrm{.}1\%$

a$.$ The future value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $20\%$ is $ $($Round to the nearest cent.$)$

The present value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $20\%$ is $ $($Round to the nearest cent.$)$

b$.$ The future value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $10\%$ is $ $($Round to the nearest cent.$)$

The present value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $10\%$ is $$.($Round to the nearest cent.$)$

c$.$ The future value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $1\%$ is $$.($Round to the nearest cent.$)$

The present value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $1\%$ is $$.($Round to the nearest cent.$)$

d$.$ The future value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $0\mathrm{.}1\%$ is $$,($Round to the nearest cent.$)$

The present value of a $20-$year ordinary annuity paying $$300\mathrm{.}00$ per year at an annual interest rate of $0\mathrm{.}1\%$ is $ $($Round to the nearest cent.$)$

e$.$ Which of the following statements is true? $($Select the best choice below.$)$