Situation 4 Savings for postgraduate studies Andrea's parents, a high school student, decided to give their daughter $ 100,000 for her postgraduate studies that she will study abroad in 5 years, and they also plan to save an additional $ 2,000 each month during this same time, since they estimate that their studies and support will cost approximately $ 1,500,000. The banking institution offers you to invest the $ 100,000 and the monthly savings in a financial instrument that provides you with a fixed nominal interest rate of 5% per year, compounded monthly. What is the present value of $ 100,000 invested 14 months before at an interest rate of 18%, compounded bi-monthly? [Value 2 points] Select one: a. $ 81,309.15 b. $ 8349.74 c. $ 122987.38 d. $ 82000