1. Sarah wants to renegotiate her contract and increase its value by $25. If she wants a BP of $20 and a signing bonus of $40. If she wants to increase her salary by 5% each year what is her salary in the 8th year?

2.Sarah is paid $5 each year for the next 10 years with a BP of $25and a signing bonus of $50. What is the value of her contract if the interest rate is 6%?