Please answer both

The total amount of interest compounded quarterly on a $2,000 note payable for one year at 8% is O a. $164.86. O b. $40.00. O c. $240.00. O d. None of these are correct. QUESTION 2 Using the future value table, a student found that the future value amount of $1 for five years at an annual interest rate of 10% is 1.611. The student also observed that the future value of $1 for five years at 10% compounded semiannually is 1.629. This means that a. there was an error in the table. b. the student was looking in the wrong column; the second amount should be 1.611/2. c. when interest is compounded semiannually, more money must be deposited to have a desired ending balance. d. the more often the compounding, the higher the future value