Question 18 1 pts Find PV for Population Growth. Suppose the present population of a city is 8,200,000 after growing 4 percent per year for each of the past 8 years. What was the population 8 years ago? 3,688,987 5,991,660 5.900,273 3,854.000 3,068,000 > Question 19 1 pts Solve for PV. Mr. Smith is considering lending money to an adult-aged son who promises to pay $53,876 in 12 years at rate of 5% compounded annually, adding that 5% is a competitive return on a safe investment. What is the loan amount being discussed today? $30,000 $28,000 $25,550 $22,000 $23,089