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Question 1 (1 point) A friend asks to borrow $4,500 from you and in return will pay you $5,750 in two years. If your bank
Question 1 (1 point) A friend asks to borrow $4,500 from you and in return will pay you $5,750 in two years. If your bank is offering an annual interest rate of 4.1% on deposits, how much would you have in two years if you deposited the $4,500 instead? (Please provide the numeric answer to 2 decimal places.) Your Answer: Answer Question 2 (1 point) Your grandma has offered to give you $15,000 in 14 years. If the interest rate is 6.0% per year, how much is this offer worth today? (Please provide the numeric answer to 2 decimal places.) Your
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