None of the above D Question 4 1 pts What is the present value of a 9-year $400 annuity that grows at 2% per year for the life of the annuity if the first of the 9 payments today? The discount rate is 4%. 0 3400 O 2760 O 3090 O None of the above 1 pts Question 5 Question 5 1 pts You estimate that by the time you retire, you will have accumulated $1.8min in savings. If the interest rate is 4% and you live 30 years after retirement, what annual level of expenditure will those savings support? O 104,090 O 102,260 O 108,360 O None of the above 1 pts Question 6