Present value of annuities

You got into a car accident and settled out of court for equal payments of $$2,500$ at the end of each year for the next seven years. If the annual interest rate stays constant at $7\%,$ what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar.

$$11,452$

$$14,416$

$$16,841$

$$13,473$

You found out that now you are going to receive payments of $$9,000$ for the next $16$ years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at $14\%.$ What is the present value of these payments? Round your answer to the nearest whole dollar.

$$ $$51,424$

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$2$

$(18)$

$2$

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$0$

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$770$

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$=1$

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