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Question 31 (2.5 points) Listen You are offered a fixed annual payment of $275 starting one year from today and continuing yearly until forever. If
Question 31 (2.5 points) Listen You are offered a fixed annual payment of $275 starting one year from today and continuing yearly until forever. If the discount rate is 7% p.a., then the value today of these cash flows is $__ 1) 4,071.43 2) 3,671.43 3) 3,928.57 O4) 3,756.43 O 5) 3,885.71 Question 37 (2.5 points) Listen Exactly 35 years from today, Indira wants to have $1,000,000 in her retirement account. If Indira's retirement account pays interest of 5.5% per year, but with monthly compounding, how much must Indira deposit today to achieve her goal? Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar sign or any commas in your answer. For example, record $13,294.287342 as 13294.29. Your
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