question 18 and 19

Last year Rocco Corporation's sales were $175 million. If sales grow at 6% per year, how large (in millions) will they be 5 years later? $290.39 $281.03 $271.66 $196.72 $234.19 Suppose you borrowed $15,000 at a rate of 11.8% and must repay it in 5 equal installments at the end of each of the next 5 years. How much interest would you have to pay in the first year? $1,362.90 $1,557.60 $1,716.90 $1,770.00