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A) What is the present value of a 2-year annuity due with annual payments of $1,735? Assume interest rate is 5.6% p.a. compounded annually. B)

A) What is the present value of a 2-year annuity due with annual payments of $1,735? Assume interest rate is 5.6% p.a. compounded annually. B) You set up a saving plan in which you put $2,065 at the beginning of each year. How much money will you accumulate at the end of year 4, if the account pays 4.2% p.a. compounded annually?

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