Monetary policy tools include which of the following? 1. Setting margin requirements on brokerage accounts II. Changing federal income tax rates Select one: a. (A) I only b. (B) Il only C. (C) Both I and II X d.(D) Neither I nor 11 Bill expects to receive $10,000 each year for 4 years beginning one year from today. If Bill can earn 6 percent compound annual interest on these funds, what is the present value of this series of payments? Select one: a. (A) $34,651.06 b. (B) $36,298.95 C. (C) $49,173.24 x d. (D) $52,421.37 d If $1,000 is deposited into a savings account at the beginning of each of the next 4 years starting today, how much money will be in the account 4 years from now if no withdrawals are made and the account earns 9 percent compound annual interest? Select one: a. (A) $3,239.72 b. (B) $3,531.29 C. (C) $4,573.13 * d. (D) $4,984.71 Assume that payments of $1,000 are to be received at the end of each of the next 5 years. On the basis of a 9 percent compound annual interest assumption, what is the series of payments worth today? Select one: a. (A) $649.93 X b.(B) $1,538.58 C. (C) $3,889.65 d. (D) $5,984.71