Andy would like to buy a new car but must complete a two-year commitment to the Peace Corp before he will drive the new car. The current price of the car Andy wants to buy is $32,000, and the dealer expects the price of a similar new car to be $35,000 in two years. If Andy can earn an annual interest rate of 4% on his money, should he buy the car now or wait for two years? Why? Note: Storage costs if Andy purchases the car are $0. Please limit your considerations to the factors offered in the answer choices. O O A. Buy in two years because at $35,000 the car will cost less than the $36,385 Andy will have after investing the money for two years. B. Andy is indifferent because his $32,000 investment will be worth exactly $35,000 after two years. O C. Buy in two years because $35,000 is a "real deall for the car Andy wants. OD. Buy now because if Andy invests the $32,000 today it will only increase in value to $34,611, and this is less than the cost of his desired new car in two years. You have purchased a zero coupon bond that will pay $15,000 to your newborn child in 21 years. If this bond is discounted at a rate of 2.875% per year, what is today's price (present value) for this bond? O A. $5,654 O B. $9,348.25 OC. $8,271.50 OD. $15,000 is simply the interest earned in subsequent periods on the interest earned in prior periods. O A. Simple interest OB. Anticipated interest OC. Compound interest OD. Quoted interest