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I need help on these two finance questions. You don't have to explain it just answer the questions. in Exam 2 (page 23 of 29)

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I need help on these two finance questions. You don't have to explain it just answer the questions.

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in Exam 2 (page 23 of 29) - Personal - Microsoft Edge X A https://moodle.mc.edu/mod/quiz/attempt.php?attempt=731751&cmid=927374&page=22 MCmoodle MC FIN341.B-Fall 2020/Full Term/10592 - Business Finance Question 23 If you invest $5,000 into a bank account that pays a 3.5% annual interest rate, what will be the account's value after five years? Quiz navigation Not yet 2 3 4 5 6 7 8 9 answered Select one: Points out of 10 11 12 13 14 15 16 17 18 3.44 O a. $5, 175.00 Flag question O b. $4,209.86 19 20 21 23 24 25 26 27 O c. $5,938.43 O d. $5,900.00 28 29 Finish attempt ... Previous page Next page Time left 0:34:37 Type here to search 7:07 PM A $ 10/18/2020in Exam 2 (page 21 of 29) - Personal - Microsoft Edge X A https://moodle.mc.edu/mod/quiz/attempt.php?attempt=731751&cmid=927374&page=20 MCmoodle MC FIN341.B-Fall 2020/Full Term/10592 - Business Finance Question 21 Quiz navigation You are scheduled to receive $ 100,000 ten years from now due to an insurance settlement; however, you need the money today. You approach a company about buying this insurance settlement Not yet from you today. What is the amount you should expect to receive for your settlement today if the market rate of interest is currently 5.5%, compounded annually? 2 3 4 5 6 8 9 answered Points out of Select one: 10 11 12 13 14 15 16 17 18 3.44 O a. $100,000.00 Flag question O b. $74,003.15 19 20 121 22 23 24 25 26 27 O c. $63,215.46 28 29 O d. $72,419.05 O e. $58,543.06 Finish attempt ... Time left 0:29:17 Previous page Next page Type here to search 7:12 PM A T 10/18/2020

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