what is the answer the question?

23. You just celebrated your 25 th birthday today. You plan to invest $2,000 annually, with the first $2,000 invested on your 26 th birthday and the last invested on your 60 th birthday. a. What is the value of this investment on your 61 st birthday if all invested funds earn 6 percent annually? b. What interest rate do you need to earn for the investment to be worth $300,000 on your 61 st birthday? 26. Ted and Carol are planning to provide for their two daughters' future college tuition. The oldest daughter is expected to need $8,000 in 8 years, $9,000 in 9 years, $10,000 in 10 years, and $11,000 in 11 years. The youngest daughter is expected to need $14,000 in 14 years, $15,000 in 15 years, $16,000 in 16 years, and $17,000 in 17 years. If Ted and Carol can earn 8 percent annually, what single amount do they need to invest today to provide for their daughters' future college tuition