1) If $2,000 a year is invested at the end of each of the next 45 years in a retirement account yielding 8.5%, how much will an investor have at retirement 45 years from today?

A) No answer text provided.

B) $100,135.

C) $901,060.

D) $90,106

2) Lesters Meats just settled a law suit and will receive 5 annual payments as a settlement. The first payment will be received one year from today in the amount of $134,000. Each annual payment will be 7 percent larger than the previous years payment. What is the present value of this settlement at a discount rate of 8.8 percent?

A) $511,433.09

B) $532,179.43

C) $595,767.12

D) $574,484.75