Suppose you deposited $39,000 in a bank account that pays 5.25% with daily compounding based on a 360 -day year. How much would be in the account after 8 months, assuming each month has 30 days? Select the correct answer. a. $40,389.07 b. $40,375.67 C. $40,402.47 d. $40,368.97 e. $40,382.37 Assume that you own an annuity that will pay you $15, ooo per year for 12 years, with the first payment being made today. You need money today to open a new restaurant, and your uncle offers to give you $80,000 for the annuity. If you sell it, what rate of return would your uncle earn on his investment? Select the correct answer. a. 21.76% b. 19.06% C. 19.96% d. 18.16% e. 20.86%