7A.) Eric is considering buying a car. He can either purchase the car outright or make 5 annual payments of $10,000 at the end of each year. If the interest rate is 7%, how much is the outright purchase price?

A. $41,002

B. $14,025.50

C. $7,129.90

D.$ 57,863.70

7B). Mark would like to retire in 25 years. If he deposits $10,000 at the end of each of the next 25 years into an account earning 7% interest, how much will he have in this account at the end of 25 years?

A. $291,339.50

B. $632,490.40

C. $250,000

D. $758,292. 17