Question: 1) An initial 400 compounded for 1 year at 8 percent 2) An initial 400 compounded for 2 years at a 8 percent 3) the

1) An initial 400 compounded for 1 year at 8 percent

2) An initial 400 compounded for 2 years at a 8 percent

3) the present value of 400 due in 1 year at a discount rate of 8 3

4) the present value of 400 due in 2 years at a discount rate of 8 percent

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