Question 2 and 3 please help

Question 2 (3 points) Given the following information how much would you be willing to pay for these 100 acres of land? i. The land is forecasted to return $200/acre per year, ii. Use a 5% interest rate? a. $40 b. $4,000 OC. $20,000 d. $400,000 Oe. None of the above Question 3 (3 points) There are two primary reasons why farm business managers need an understanding of depreciation, which one does not belong? a. For preparing income taxes b. For calculating replacement costs for assets c. For calculating farm revenue d. Neither a orc VI e. Neither borc