1 .		Use Table 11-2 in your text to find the annual sinking fund payment required to accumulate $280,000 in 12 years at 8% annual interest.    $16,821.36   $14,828.83   $13,323.77   $14,754.60
2 .		Use Table 11-2 in your text to find the present value of a semiannual ordinary annuity of $6,000 for seven years at 6% annual interest compounded semiannually.    $39,768   $33,492   $55,770   $67,776
3 .		Answer question 2 for a $6,000 annual ordinary annuity compounded annually.    $55,770   $33,492   $58,272   $37,380
4 .		Find the present value of an ordinary annuity of $10,000 for 18 months at 6% annual interest compounded semiannually.    $28,290.00   $108,280.00   $68,020.00   $3,534.82
5 .		What is the present value of an annual ordinary annuity of $1,080 at 9% annual interest for 15 years?    $18,675.36   $11,095.92   $8,403.48   $8,705.88