Question: 2) Using the amounts in the table below and an interest rate of 10% compounded annually, determine: the equivalent present amount Use the gradient conversion

2) Using the amounts in the table below and an interest

2) Using the amounts in the table below and an interest rate of 10% compounded annually, determine: the equivalent present amount Use the gradient conversion factor, if and where applicable, for full credit. Deposit 0 100 1 0 2 0 3 200 500 5 500 6 500 7 500 8 650 9 550 4 10 450 350 11

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