The compounding periods and the payment periods are the same for an annuity and for an amortization. Determine the present value of the annuity that will pay the givern periodic payments. (Round your final answer to two decimal places.) Monthly payments of $380.80 for 5 years at 4.4% interest. Need Help?Read It Talk to & Tutor 2. + -11 points RoitFM8 5.4.010. My Notes Ask Your Teacher Find the amount borrowed for the loan described. (Round your answer to the nearest cent.) R-$1290.89, the interest rate is 5.8%, and the payments are made semiannually for 4 years Need Help? ReadIt.1 LTalktoaTutor1 3. -1 points RoitFM8 5.4.015. My Notes Ask Your Teacher The present value of an annuity is given. Find the periodic payment. (Round your final answer to two decimal places.) Present value-$7500, and the interest rate is 7.5% compounded quarterly for 10 years. Need Help? Read It Talk to a Tutor