Hi,

Can someone help me and show me the work/formulas?

What would be the future value of $8,830 invested annually for nine years beginning one year from now if the annual interest rate is 20 percent? (Round answer to 0 decimal places.) Future value $ eTextbook and Media Attempts: 1 of 2 used (b) What would be the present value of a $9,768 annuity for which the first payment will be made beginning one year from now, payments will last for 27 years, and the annual interest rate is 9 percent? (Round answer to 0 decimal places.)