Based on historical data, assume you have estimated the average dollar amount of loss per claim for the next couple of years (see the table below). How much money should you budget today (year 2019) for claims in 2019 and 2020 associated with products sold in 2018 (first two cells in the last column of the following table)? Assume the interest rate is 6% for the next five years. The following table is supposed to help you achieve the final answers.

Year	int. rate	$ per claim	t	PV ($ per claim)	Number of Claims	PV of claims
2019	6.00%	$11,900	0
2020	6.00%	$12,500	1
2021	6.00%	$12,900	2

Group of answer choices

A) 95,268 and 65,578.71

B) 103,512 and 75,269.53

C) 107,576 and 68,278.29

D) 114,255 and 71,632.54

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Question 5 1 pts

This question is related to the above question. How much money should you budget today (year 2019) for claims in 2021 and over all the years together (2019-2021) associated with products sold in 2018 (last two cells in the last column of the table in the last question)? Assume the interest rate is 6% for the next five years.

Group of answer choices

A) 235,933.52 and 411,787.81

B) 256,524.79 and 435,875.62

C) 268,784.23 and 458,971.34

D) 289,548.65 and 487,549.37