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( A ) Find the present value of 1 8 annual payments of 1 4 0 0 with the first payment made today if the

(A) Find the present value of 18 annual payments of 1400 with the first payment made today if the account has an annual effective rate of interest of 4%. Round your answer to 2 decimal places. B) At the end of 18 years, how much interest will the account from part (A) have earned (assuming no other deposits or withdrawals are made)?

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