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1. What is the value today of receiving $2,382.00 per year forever? Assume the first payment is made 5.00 years from today and the discount

1. What is the value today of receiving $2,382.00 per year forever? Assume the first payment is made 5.00 years from today and the discount rate is 5.00%.

2. Suppose you deposit $2,050.00 into an account today that earns 13.00%. In 9.00 years the account will be worth $________.

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