You need to complete the test during this time only. No extension will be given. Question 13 1 pts A customer of a bank has $275,000 in surplus funds that need to be invested for a short period. The bank offers to sell a 90-day negotiable certificate of deposit to the customer at a yield of 6.45 per cent per annum. Calculate the dollar return on the CD. $279 373.63 $4,500.00 $4373.63 $279,500.00 Question 14 1 pts Mr Richard estimates that he will live for 18 years after his retirement. He intends to spend all of his nest- egg of $590,000 through monthly payments from his pension fund. He budgets on the fund earning 5 per cent per annum compounded monthly. How much can he draw each month? $4374.0 $4,500.0 $4148.0 $5500.0