QUESTION 7 Match the correct answer for the following questions The present worth of $400 in year 1 and amounts increasing by $30 per year A. 31,050 through year 5 at an interest rate of 12% per year is closest to: B. $10,795 What is the present worth of $1,000 in year 1 and amounts increasing by 7% per year through year 10? Use an interest rate of 12% per year. C. $7,333 Saed deposits $5000 into an account that pays interest at a rate of 8% per D. $1,634 year. The amount in the account after 10 years is closest to: Ali wants to make a single deposit now so he will have enough money to purchase a car costing $50,000 five years from now. If the bank offers an interest of 10% per year, what amount Ali should deposit now