Question 1 (1 point) Determine the amount you must deposit today in a savings account that will compound interest at the rate of 4% at the end of each year for the next eight years, so that you will have a $22,600.00 balance eight years from today. O$ 26,853.85 $ 18,142.71 O$ 16,513.59 $ 12,825.00 $ 152,159.92 Question 2 (1 point) Saved July's is considering investing $100,000 in a new piece of machinery that will generate net annual cash flows of $50,000 each year for the next 5 years. The machine has a salvage value of $20,000 at the end of its 5 year useful life. July's cost of capital and discount rate is 10%. What is the dollar amount that we would multiply times the factor found in the PV of an Annuity table? O$ 250,000 $ 20,000 $ 100,000 $ 50,000 $ 240,000