Find the present value (in dollars) of an annuity that pays $6,000 at the end of each 6-month period for 6 years if the interest rate is 4% compounded semiannually. (Round your answer to two decimal places.)

At graduation, you have a student loan of $18,000. The loan has a fixed annual interest rate of 6.8%, compounded monthly, for 10 years. What will your monthly payments be? (Enter numeric answers to 2 decimal places.)

Jesse purchases a retirement annuity that will pay him $1,500 at the end of every six months for the first nine years and $600 at the end of every month for the next three years. The annuity earns interest at a rate of 3.5% compounded quarterly. a. What was the purchase price of the annuity? Round to the nearest cent b. How much interest did Jesse receive from the annuity?

Margaret Hillman invested $8,000 at 1.4% compounded quarterly for one year. Find the future value and the interest earned for the year. The future value is S (Round to the nearest cent as needed.) The compound interest is $. (Round to the nearest cent as needed.)