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PLEASE HELP!!! 1. On this date in 2028, you will receive the 1 st annual payment of $4,000. The annual payments will continue through and

PLEASE HELP!!!

1. On this date in 2028, you will receive the 1st annual payment of $4,000. The annual payments will continue through and including this date in 2034.

a. How many payments will you receive?

b. If you required return is 8%, find value today of this annuity

2. Beginning on this date in 2030, you will put $6,000 into your Retirement Account. You will continue to make annual deposits on this date thru and including 2064 and the Retirement Account will grow at 7 percent annually,

a. How many total payments will be made?

b. Find value of the Retirement Account on this date in 2064

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