A. Caplan received a bonus of $8,000 from his employer. He is not sure what he would like to do with this money. For the time being, he is considering two GIC investment options: a. Invest $8,000 in a 2-year GIC that pays interest at 1.75 percent, compounded monthly. b. Invest $8,000 in a 1-year GIC that pays interest at 1.10 percent, compounded monthly, and then re-invest the maturity amount for another year at the same rate of return. Which option will provide Caplan with the greatest return on his money? By how much? (6 pts] (Show your calculations) B. David has overdraft protection that has a fee of seven dollars per use and a 24 percent annual interest charge. NSF fees at his bank are $35. This month David's unexpected car expense caused his account to become overdrawn by $3000 for 18 days until his pay cheque was deposited. What was the total expense for David in this circumstance? [2 pts) (Show your calculations)