1.)Inell Planer is planning to open an investment firm in six years and currently has an amount of $259,610. Given an interest rate of 9% compounded monthly how much were they have in 6 years?

2.)Mona's grandmother will cut a check worth 9 $190 every month for 10 years how much is this cash flowworth to them today if the payments begin today? assume a discount rate of one percent