What would be the future value of $9,309 invested annually for nine years beginning one year from now if the annual interest rate is 20 percent? (Round answer to 0 decimal places.)
Future value _______.
What would be the present value of a $9,825 annuity for which the first payment will be made beginning one year from now, payments will last for 27 years, and the annual interest rate is 9 percent? (Round answer to 0 decimal places.)
Present Value_______.