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Problem 4. Future Value and Present Value of an Annuity. 10 points. Find the amount of each ordinary annuity a) future value of $6500/quarter for

Problem 4. Future Value and Present Value of an Annuity. 10 points. Find the amount of each ordinary annuity a) future value of $6500/quarter for 10 years at 4.99% interest rate per year compounded quar- terly. b) present value of $2200/semiannual period for 15 years at 3.97% interest rate per year com pounded semiannually. Solution: (b)

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