What is the present worth of a $500 annuity starting at the end of the first year and continuing to the end of the fourth year, if the annual interest rate is 10% ? Q-1) Which of the following equations is correct for solving this problem? a) A=P(A/P,i%,N) b) P=A(P/A,i%,N) c) F=A(F/A,i%,N) d) F=P(F/P,i%,N) Q-2) Which of the following values is correct for calculating the present worth? a) $1,895 b) $689 c) $701 d) $717