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Megan turns 3 0 years old today. She currently has $ 3 4 , 0 0 0 in her account. She must make monthly deposits

Megan turns 30 years old today. She currently has $34,000 in her account. She must make monthly deposits of $ beginning next month and ending on her 65th birthday (420 total deposits) in order to reach her retirement goal of making monthly withdrawals of $10,000 per month beginning one month after her 65th birthday and ending on her 90th birthday at which time she wants to have $1,100,000 remaining in her account. Assume a 7% p.a. interest rate.
a.675.04
b.651.93
c.661.63
d.705,23
e.662.26
In 2023, an NBA superstar signed a new contract. The contract has a "total value" of $10932 million. According to the contract, the player will receive $30.57 million today )=(0; $38.15 million in )=(1; and $40.60 million in )=(2. Assume that the interest rate is 6.1% p.a., the present value of his new contract at year )=(0 is $
a.103,10 million
b.101.79 million
c.104.50 million
d.102.59 million
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