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1. What is the present value of 6 annual payments of $2k, given an interest rate of 8%? 2. Sybil found an investment accountearning 4%

1. What is the present value of 6 annual payments of $2k, given an interest rate of 8%?

2. Sybil found an investment accountearning 4% interest,compounded continuously.14years from now she will withdraw $22754. What amount was initially deposited?

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