QUESTION 10 Seven years from now, you will be inheriting $8,400. What is this inheritance worth to you today if you can earn 9 percent interest compounded annually? (Lump sum problem) a $4,002.56 O b. $4,245.67 OC. $4,595.09 Od $10,235 65 QUESTION 11 You want to have $100,000 for your daughter's education 15 years from now. If you can earn 8 percent, compounded quarterly, on your savings, how much do you need to deposit today to reach your goal? (Lump sum problem) O a $23,998.17 b. Ob $24,031.87 C. OC $28,366.87 Od $30,478.23