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QUESTION 6 What is the effective semi-annual interest rate considering an APR of 8% compounded continuously? O 4.603% O 3.872% O 4.081% O 5.127% QUESTION 7 If you deposit $1,000 every year in 20 years in a savings account that earns 7% compounded yearly. What is the future value of this series at year 20 if payments are made at the beginning of the period? O $40,995.49 $60,648.57 O $43,865.18 $65,500.45