p1:

p2:

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $4,000 in the first year, and will grow by 5% per year, forever. If the interest rate is 9%, how much must Martin provide to fund this bequest?

A.$120,000

B. $100,000

C.$80,000

D.$ 50,000

An annuity pays $13 per year for 45 years. What is the future value (FV) of this annuity at the end of that 45 years given that the discount rate is 6%? OA. $3,871.94 O B. $3,318.80 . $1,659.40 OD. $2,765.67