FVA=PMT(((1+r)t)1)/rPVA=PMT(((1(1+r)t)/r)) Using the formulas above, calculate the following 1) What is the present value of annuity that has annual payments of $300 for 15 years if the annual interest rate is 6% ? 2) What is the future value of annuity that has annual payments of $2,000 for 9 years if the annual interest rate is 3.5% ? 3) What is the future value of annuity that has annual payments of $4,000 for 7 years if the annual interest rate is 3.75% ? 4) What is the present value of annuity that has annual payments of $4,500 for 3 years if the annual interest rate is 5.5%