Suppose you are going to recelve $10,500 per year for five years. The appropriate interest rate is 8 percent. a-1. What is the present value of the payments if they are in the form of an ordinary annulty? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a-2. What is the present value of the payments if the payments are an annuity due? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b-1. Suppose you plan to invest the payments for flue years. What is the future value if the payments are an ordinary annuity? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b-2. What is the future value if the payments are an annuity due? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16. c1. Which has the higher present value, the ordinary annuity or annuity due? c2. Which has the higher future value