8 pi Question 22 Jennifer owns shares in Noom Corporation. Noom Corporation has earnings before taxes of $500,000. They distribute all earnings as dividends. If personal tax rate on dividends is 20%, corporate tax rate is 30%, and the payroll tax rate is 7.5%, then what is the effective tax rate on her share of corporate earnings? O 27.50% O 50.00% 0 44.00% O 51.50% O 57.50% Your grandmother just gave you $6,000. You want to deposit it in the bank and make as much interest as possible. You are given two different rate options at the bank: Option 1: 6.00% APR compounding monthly Option 2: 5.90% APR compounding daily Which account should you deposit into, and how much will you have in this account after one year? Select Option 1. You will have $6,306.45 at the end of the year. You would be indifferent between the two. You will have $6,360.00 at the end of the year in either account. O Select Option 2: You will have $6,360.00 at the end of year. Select Option 1. You will have $6,370.07 at the end of the year. O Select Option 2. You will have $6,364.62 at the end of the year