You have just deposited X dollars in your bank account that pays interest of 25 percent p.a. You discover that at the end of one year you have $ 14,559 in the account. What was X, that is, the amount of money that you deposited today? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).

6)Your neighbor is asking you to invest in a venture that will double your money in 3 year(s). Compute the annual rate of return that he is promising you? (Record your answer as a percent rounded to 1 decimal place; for example, record .186982 = 18.7% as 18.7).