FVAN=PMT[I(1+IN1] ach payment of an annuity due is compounded for one | | period, so the future value of an annuity due is equal to the future value of an ordinary annuity compounded for one [- ] period. The equation is: FVAdue=FVAordinary(1+I) PVAN=PMT[111+N1] ach payment of an annuity due is discounted for one ] period, so the present value of an annuity due is equal to the present value of an ordinary annuity multiplied by (1+1). The equation is: PVAdue=PVAondinary(1+I) One can solve for payments (PMT), periods (N), and interest rates (I) for annuities. The easiest way to solve for these variables is with a financial calculator or a spreadsheet. a. Wt " be in your account at the end of 4 years? Do not round intermediate calculations. Round your answer to the nearest cent. b. As $ a. Wh--...- .-. ou need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent. $ $