Present value of annuities

You won a lottery that will make equal payments of $$1,500$ at the end of each year for the next ten years

If the annual interest rate stays constant at $7\%,$ what is the value of these payments in today's dollars? $($Note: Round your answer to the nearest whole dollar.$)$

$$10,535$

$$11,272$

$$8,955$

$$13,169$

You found out that now you are going to receive payments of $$7,000$ for the next $11$ years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at $10\%.$

What is the present value of these payments? $($Note: Round your answer to the nearest whole dollar.$)$

$$67,518$

$$45,466$

$$50,013$

$$40,010$