please do both parts in 30 minutes please urgently... I'll give you up thumb definitely

Question 3 (1 point) You have just won a lottery prize of $1,000,000 collectable in 10 yearly installments of $100,000 starting today. This means the prize is not really worth $1,000,000. What is it worth today if money can be invested at 13 percent annual interest, compounded bi-weekly (every 2 weeks)? a) $ 524,762.63 b) $ 597,421.03 O c) $ 542,624.35 Od) $ 613,165.51 Question 5 (1 point) A builder is buying a manual concrete mixer. He has two choices. A used one at $ 475 should last him about 3 years. A new one at $1250 would likely last 8 years. Both have a salvage value of $ 0. The interest rate is 8%. Which mixer should the builder purchase? a) The used mixer because it has the lowest cost Ob) The new mixer because it will last longer c) The new mixer because it has the lowest cost d) Decision can not be made based on the given information