Question: 7. Problem 5.09 (Present and future Values for Different Periods) eBook Find the following values using the equations and then a financial calculator, Compounding/discounting cours

7. Problem 5.09 (Present and future Values for Different Periods) eBook Find the following values using the equations and then a financial calculator, Compounding/discounting cours annually. Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial $800 compounded for 1 year at 7%. $ b. An initial $800 compounded for 2 years at 7% $ C. The present value of $800 due in 1 year at a discount rate of 7%. $ d. The present value of $800 due in 2 years at a discount rate of 7%. $

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