Question: What sum deposited today at 8% compounded annually for 13 years will provide the same amount as $1800 deposited at the end of each year

What sum deposited today at 8% compounded annually for 13 years will provide the same amount as $1800 deposited at the end of each year for 13 years at 7% compounded annually What sum would have to be deposited today at 5% interest compounded annually (Round to the nearest cent)

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