QUESTION 14 If the rate of interest is 2.5%, then the present value (PV) of an investment that pays $1000 per year and lasts 6 years is Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer QUESTION 15 "A rich donor gives a hospital $100000 one year from today. Each year after that, the hospital will receive a payment 4% larger than the previous payment with the last payment occurring in 3 years' time. What is the present value (PV) of this donation given that the interest rate is 597 Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an