How much cash must you have now to generate $100,000 per year in interest at 10% per year? Clearly circle only the best answer below. You must clearly circle only one answer to get full credit. Draw a cash flow diagram. (5 points) Explain your answer below, i.e., with a formula that determines the amount of cash needed. (5 points)

How much cash must you have now to generate $100,000 per year in interest at 10% per year? Clearly circle only the best answer below. You must clearly circle only one answer to get full credit. Draw a cash flow diagram. (5 points) Explain your answer below, i.e., with a formula that determines the amount of cash needed. (5 points) a) $100,000,000 b) $10,000,000