Question: What sum deposited today at 7% compounded annually for 15 years will provide the same amount as 52000 deposited at the end of each year

What sum deposited today at 7% compounded annually for 15 years will provide the same amount as 52000 deposited at the end of each year for 15 years at 8%. compounded annually? What sum would have to be deposated today at 7% interest compounded annualy? 3 (Round to the nearest cent)

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