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. (10 pt.) Solve the following problems. (a) (5 pt.) At an effective rate of compound interest of 8% per annum, the present value of

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. (10 pt.) Solve the following problems. (a) (5 pt.) At an effective rate of compound interest of 8% per annum, the present value of $100,000 due in X years in $65,322. Determine X. (b) (G pt.) Find the present value of $3,000 to be paid at the end of 5 years if the aceumlat a(t) = 1 +

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