Please answer both questions

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You are purchasing a home and are scheduled to make 30 annual installments of $10,000 per year. Given an interest rate of 5%, what is the price you are paying for the house (i.e. what is the present value)?

Group of answer choices

$153,724.51

$123,612.05

$200,316.13

$103,125.00

You plan to save for 50 years and then retire. Given a 10% rate of interest, if you desire to have $500,000 at retirement, how much must you save each year?

Group of answer choices

$268.12

$612.08

$500.00

$429.59