1. Toni adds $ 3,000 to her savings on the first day of eacy year. Tim adds $ 3,000 to his saving on the last day of each year. They both earn a 9% rate of return. What is the difference in their savings account balances at the end of thiry years? 2. You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is 11.25% for project A and 10.75% for project B. Which project should you accept and Why? Year Project A Project B 0 -$48,000 -$126,900 1 $ 18,400 69,700 2 $ 31,300 80,900 3 $11,700 0