Question 2 5 pts Assume that starting next year, you will receive payments of $ 777 every year for 7 years. The discount rate it 4 %. What is the present value of these payments? Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57 Question 3 5 pts In which case will the APR and Effective rate be exactly the same? Payments are made every year Payments are made semiannually Payments are made every quarter Payments are made every month Payments are made every week