To create a savings account, you decide to make deposits of $870 at the end of each 6 month period, If interest remains at 4.8% compounded quarterly, how much will these deposits amount to after 6 years? Select one: O$ 11157.36 O $ 11944.22 OS 5545.41 O $ 10790.43 O$ 10045.14 O 5 8970.69 Your company is developing a new product. To finance this project, you borrow $41000. Interest is 6%, compounded monthly. Suppose that this loan is to be repaid by equal annual payments over 7 years, with your first payment due one year after the date of the loan. Find the size of your annual payment. The answer is a dollar value, so it should be expressed to two decimal places Select one: O $ 5866.89 O S 5769.87 O $ 5849.84 5 5974 87 05388.40 $ 4859.60