Problem 4-18 Future Value of an Annuity for Various Compounding Periods

Find the future values of the following ordinary annuities:

1. FV of $800 paid each 6 months for 5 years at a nominal rate of 8%, compounded semiannually. Round your answer to the nearest cent. $
2. FV of $400 paid each 3 months for 5 years at a nominal rate of 8%, compounded quarterly. Round your answer to the nearest cent. $