anual = annual

please, help with both subsections

1. On December 31, 2016, the ABC firm entered into an interest rate swap with XYZ. The notional is $ 100 million. Company ABC pays the fixed rate of 5% compounded annually and receives from Company XYZ the floating 12-month LIBOR rate. The term of the swap is 5 years. That is, the two parties exchange annual payments on December 31, beginning in 2017 and ending in 2021. This swap is illustrated in the following figure: 5% anual ABC XYZ LIBOR 12M (a) As of December 31, 2016, the 12-month LIBOR rate was 4.5%. Determine the amount paid by --- to --- on December 31, 2017. (b) As of December 31, 2016, the 12-month LIBOR rate was 5.5 %. Determine the amount paid by to. on December 31, 2017