Suppose you are going to receive $$12,600$ per year for five years. The appropriate discount rate is $7\mathrm{.}5$ percent.

a$-1.$ What is the present value of the payments if they are in the form of an ordinary annuity?

a$-2.$ What is the present value if the payments are an annuity due?

b$-1.$ Suppose you plan to invest the payments for five years. What is the future value if the payments are an ordinary annuity?

b$-2.$ Suppose you plan to invest the payments for five years. What is the future value if the payments are an annuity due?

Note: For all requirements, do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$