What's the present value of a $590 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value Ten years ago, Hailey invested $1,100 and locked in a 8 percent annual interest rate for 30 years (end 20 years from now). Aidan can make a 20-year investment today and lock in a 9 percent interest rate. How much money should he invest now in order to have the same amount of money in 20 years as Hailey? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value If the future value of an ordinary, 8-year annuity is $5,800 and interest rates are 8.0 percent, what is the future value of the same annuity due? (Round your answer to 2 decimal places.) Future value