Stefano has a level pay annuity due. The annuity pays $300.00 monthly for 15 years. For the first 5 years, the nominal interest rate is 3.000%. For the next 5 years, the nominal rate is 2.750%, and for the last 5 years, it is 9.750%. All nominal interest rates are compounded annually, a) (3 marks) What is the present value of the first 5 years worth of payments at time t = 0? b) (3 marks) What is the present value of the last 5 years worth of payments at time t = 0? c) (3 marks) What is the future value of the first 5 years worth of payments at time t = 15 years? d) (3 marks) What is the future value of the last 5 years worth of payments at time t = 15 years? e) (3 marks) What is the total present of his annuity