You decided to put away 10% of your annual salary for retirement. Your annual salary is $25,000 for the first year (at age 23) and it increases by 4% every year until your retirement (at age 55). What will be the worth of your account when you retire if the interest is 5% per year? O a $100,993.22 O b. $24,692.833 c. $338,701.86 d. $67,697.20 e. $256,123.85 What is the nominal annual interest rate if the effective annual rate is 6.4% and compounding is continuous? a. 5.50% b. 6.20% c. 6.49% O d. 5.86% e. 5.65%