What is the present value of $3,025 per year, at a discount rate of 9 percent, if the first payment is received 10 years from now and the last payment is received 24 years from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Value today ???

This is the second question:

What is the present value of $3,025 per year, at a discount rate of 9 percent, if the first payment is received 10 years from now and the last payment is received 24 years from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Value today

$ ???

The third one

Friendlys Quick Loans, Inc., offers you $7.50 today but you mustrepay $9.35 when you get your paycheck in one week (or else).

Requirement 1:

What is the effective annual return Friendlys earns on this lending business? (Round your answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Effective annual return

% ???