What is the present value of a 10-year annuity of $5,250 per period in which payments come at the beginning of each period? The interest rate is 11 percent. (Round your final answer to 2 decimal places.) Present value Mark Ventura has just purchased an annuity to begin payment two years from today. The annuity is for $30.000 per year and is designed to last 8 years. If the interest rate for this problem calculation is 9 percent, what is the most he should have paid for the annuity? (Round your final answer to 2 decimal places.) 50 Maximum payment