both questions

Question 14 (2 points) Determine the difference between the present value of a $1,000 twenty-year annuity earning 8% interest compounded annually versus a $1,000 twenty-year growing annuityLearning 8% interest compounded annually and having a 2% annuity growth rate. O A) $2,935.06 B) $3.535.06 OC) $1,935,06 OD) $1,535.06 E) $2.535.06 Question 15 (2 points) You just borrowed $17 500 from the bank to use in your business. The loan terms require you to pay the interest annually with the entire principal due in four years. The interest rate is 15e Willou pay to the bank in year four of the loane A $19 162,50