Please answer these two questions and explain work.

11. Consider an investment that provides $1375 at the end of one year, $1495 at the end of two years, $1580 at the end of three years, and $1630 at the end of four years. If you earn 8% on deposits, what is the value of the investment at the end of the fourth year? a. PV = 1375/0.08 = $17,187.5 b. FV after 4 years = $23,383.4 12. Consider an investment that provides $720 at the end of one year, $930 at the end of two years, $1190 at the end of three years, and $1275 at the end of four years. If the interest rate is 10%, what would you be willing to pay for this investment today? a. Year One: R = 10%, n = 4, PV= 7,200, FV= 7920 i. Must be adding in money in between b. Year four FV = $12750 + $1275 = $14,025