Question: Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. a. An

Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences.
a. An initial $500 compounded for 1 year at 6%
b. An initial $500 compounded for 2 years at 6%
c. The present value of $500 due in 1 year at a discount rate of 6%
d. The present value of $500 due in 2 years at a discount rate of 6%

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