For each example, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year.
Example 1: Annuity: 33,000
Interest Rate (%): 17
Period (Yrs): 6
Present Value ($): ?
Example 2: Annuity: 20,000
Interest Rate (%): 8
Period (Yrs): 20
Present Value ($)
Please include the step by step financial calculator calculation.