What is the value today of a money machine that will pay $2,848.00 every six months for 16.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 14.00%.

Answer format:Currency: Round to: 2 decimal places.

Derek will deposit $865.00 per year into an account starting today and ending in year 6.00. The account that earns 9.00%. How much will be in the account 6.0 years from today?

Answer format:Currency: Round to: 2 decimal places

could really use the help. not sure if I'm doing the process right. thanks