1. You have just deposited X dollars in your bank account that pays interest of 19 percent p.a. You discover that at the end of one year you have $ 10,540 in the account. What was X, that is, the amount of money that you deposited today? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).
2. You deposit $ 5,169 in your account today. You make another deposit at t = 1 of $ 6,018 . How much will there be in your account at the end of year 1 if the interest rate is 5.3 percent p.a.? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).