Using the appropriate interest table, answer the following questions. (Each case is independent of the others).

1. What is the future value of 25 periodic payments of $4,470 each made at the beginning of each period and compounded at 8%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

The future value $ __________

2. What is the present value of $3,600 to be received at the beginning of each of 29 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

The present value $__________

3. What is the future value of 15 deposits of $2,120 each made at the beginning of each period and compounded at 10%? (Future value as of the end of the 15th period.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

The future value $ _____________

4. What is the present value of 8 receipts of $2,780 each received at the beginning of each period, discounted at 9% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

The present value $_______________