X has installed a machine in his factory with a view to generate higher revenues. Net cash flows due to installing such machinery are as follows: Year 1 - (1250) Year 2 - (1000) Year 3 - 1100 Year 4 - 1450 Year 5 - 1500 What is the present value of these cash flows at a discounting rate of 10%. a. 652.80 b. 715.20 c. 762.80 d. 785.39You have just become a parent and have decided to start saving for your child's education. Starting at the end of this year, you will deposit $2,000 every year for the next 20 years in an account with an expected return of 6% per year. What is the expected amount in the account at the end of the 20 years? Select one: a. $22,939.84 b. $128,285.42 c. $73,571.18 d. $40,000.00