plase go over this problem step by step showing the formula

a 1. Find the future value of an annuity if the size of each payment is $250, payable at the end of each quarter for five years at an interest rate of 4% compounded quarterly 55040 75 2. At the end of each quarter, A.J. Black, Ltd. placed $1500 in a special savings fund called a sinking fund. The fund earned interest at 8% compounded quarterly. a) What will be the total value of the fund at the end of five years? 36, 446.05 b) How much interest will have been earned by the fund? 6,446.05