a) Calculate how much money Claire must put into her savings account today to have $29,300 in 5 years, assuming she can earn 10% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,975.)

(b) Calculate how much money Claire must put into her savings account today to have $29,300 in 5 years, assuming she can earn 10% compounded semi-annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,975.)