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Please answer questions in red Annuity Questions Present Value 1. What is the most you would pay for an annuity that will pay $400.00 per

image text in transcribedPlease answer questions in red

Annuity Questions Present Value 1. What is the most you would pay for an annuity that will pay $400.00 per year for the next 20 years use a 9% dicount rate. Future Value 2. If you save $1000.00 every year until you retire in 30 years and your investment returns 11% per year how much will you have

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