14) How much must be invested today in order to generate a five-year annual annulty of $3,170 per year, with the first payment one year from today, at an Interest rate of 5%? a. $6,146.66 tot b. $13,724.44 c. $7,863.21 d. $12,331.55 15) A bank offers to loan you $35,750 for six years to buy a car. The loan shall be paid back In 72 monthly payments. The Interest rate offered on the loan is 4.00% compounded monthly. What monthly payment should you expect on the loan? a. $527.44 b. $3,405.08 c. $319.13 d. $559.32