Need help! It's grade 11 college math. It falls under compound Interest in chapter 8 for 8.3. Need someone to do Q8 and Q9 for me. please explain every step so I can understand for a quiz coming up tomorrow. Thanks soo much!

8. Suppose you owe a sum of $10 000 due in six years. Your creditor is willing to accept early payment of the loan by discounting it at 9.6% per year, compounded monthly. How much should your creditor be willing to accept to pay off the loan today? 9. Jai wants to buy a car. Which is the better deal, with interest rates at 5% per year, compounded semi-annually? . Plan A: $16 250 cash now Plan B: $1000 down plus $15 500 in one year . Plan C: $500 down plus $16 000 in one year 42-445