\begin{tabular}{|c|cc|r|c|c|c|} \hline & \begin{tabular}{c} Annuity \\ Payment \end{tabular} & \multicolumn{1}{c|}{\begin{tabular}{c} Annual \\ Rate \end{tabular}} & \begin{tabular}{c} Interest \\ Compounded \end{tabular} & \begin{tabular}{c} Period \\ Invested \end{tabular} & \begin{tabular}{c} Present Value of \\ Annuity \end{tabular} \\ \hline 1. & $4,400 & 6.0% & Semiannually & 3 years & \\ \hline 2. & 9,400 & 8.0% & Quarterly & 2 years & \\ \hline 3. & 3,400 & 11.0% & Annually & 5 years & \\ \hline \end{tabular} 
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