Question: 2 questions please answer both 17 and 18 Question 17 (1 point) saved The First National Bank has agreed to lend you $30,000 today, but

2 questions please answer both 17 and 18

Question 17 (1 point) saved The First National Bank has agreed to lend you $30,000 today, but you must repay $42,135 in 3 years. What rate is the bank is charging you? o 13% 12% 011% 010% Save Question 18 (1 point) The Florida lottery agrees to pay the winner $287,00 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.08? Your Answer ved

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