Q1. what would an initial investment of 1 Million QR be after 5 years if the APR =9% Accumulated monthly?

Q1. what would an initial investment of 1 Million QR be after 5 years if the APR =9% Accumulated monthly?

A. 1,565681 USD

B. 1538,624 USD

C.  1711867 USD

D.  1450,000 USD

Hope: currency would not matter in this calculation even if its british pound.

Q2. A system with an initial cost of $90,000 has an operating cost of $2.50/hr and is operated 16hr/day for 300 days /year. After 10 years the system has salvage value of $10,000. Assuming the interest rate is constant at 10% the total annualized cost over the 10 year life is most nearly?

a. $12000

b. $14000

c. $20,000

d. $26,000